Local Bounti Co. (NYSE:LOCL – Get Free Report)’s share price traded down 5.7% during mid-day trading on Monday . The company traded as low as $1.97 and last traded at $1.98. 8,302 shares traded hands during trading, a decline of 44% from the average session volume of 14,786 shares. The stock had previously closed at $2.10.
Local Bounti Trading Up 1.0 %
The firm’s 50 day moving average price is $1.94 and its 200-day moving average price is $2.39. The company has a market cap of $17.66 million, a P/E ratio of -0.11 and a beta of 2.22.
About Local Bounti
Local Bounti Corporation grows and packs fresh greens in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
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