Steakholder Foods (NASDAQ:STKH) Trading 2% Higher – Still a Buy?

Shares of Steakholder Foods Ltd. (NASDAQ:STKHGet Free Report) shot up 2% during mid-day trading on Wednesday . The stock traded as high as $1.56 and last traded at $1.51. 33,150 shares traded hands during trading, an increase of 13% from the average session volume of 29,404 shares. The stock had previously closed at $1.48.

Steakholder Foods Trading Up 2.0 %

The firm has a fifty day simple moving average of $1.61 and a 200-day simple moving average of $2.24.

Steakholder Foods Company Profile

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Steakholder Foods Ltd., a deep-tech food company, engages in the development of cultivated meat technologies to manufacture cultivated meat without animal slaughter in Israel. The company develops a three-dimensional bioprinter to deposit layers of stem cells and differentiated stem cells, scaffolding, and cell nutrients in a three-dimensional form of structured cultured meat.

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