Local Bounti Co. (NYSE:LOCL) Director Jennifer Carr-Smith Sells 21,237 Shares

Local Bounti Co. (NYSE:LOCL) Director Jennifer Carr-Smith sold 21,237 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $1.48, for a total transaction of $31,430.76. Following the sale, the director now owns 14,880 shares of the company’s stock, valued at $22,022.40. The trade was a 58.80 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Local Bounti Stock Performance

Shares of Local Bounti stock traded up $0.12 during trading on Friday, hitting $2.26. 12,839 shares of the stock traded hands, compared to its average volume of 13,036. The stock has a market cap of $19.57 million, a P/E ratio of -0.13 and a beta of 2.22. The company has a fifty day moving average price of $1.90 and a two-hundred day moving average price of $2.36. Local Bounti Co. has a twelve month low of $1.18 and a twelve month high of $3.33.

Local Bounti Company Profile

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.