Yield10 Bioscience (NASDAQ:YTEN) Stock Price Passes Above 200 Day Moving Average of $0.27

Yield10 Bioscience, Inc. (NASDAQ:YTEN) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.27 and traded as high as $0.28. Yield10 Bioscience shares last traded at $0.27, with a volume of 276,391 shares traded.

Wall Street Analyst Weigh In

Separately, Lake Street Capital lowered Yield10 Bioscience from a “buy” rating to a “hold” rating in a report on Thursday, February 8th.

Yield10 Bioscience Stock Down 2.1 %

The stock has a 50 day moving average price of $0.29 and a 200 day moving average price of $0.27. The stock has a market capitalization of $4.20 million, a price-to-earnings ratio of -0.13 and a beta of 1.58.

Hedge Funds Weigh In On Yield10 Bioscience

A hedge fund recently bought a new stake in Yield10 Bioscience stock. Millennium Management LLC bought a new stake in shares of Yield10 Bioscience, Inc. (NASDAQ:YTEN) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 58,768 shares of the specialty chemicals company’s stock, valued at approximately $132,000. Millennium Management LLC owned 1.20% of Yield10 Bioscience as of its most recent SEC filing. 4.91% of the stock is currently owned by institutional investors and hedge funds.

About Yield10 Bioscience

Yield10 Bioscience, Inc operates as agricultural bioscience company in the United States. The company primarily focus on production of low carbon products through processing Camelina seeds. Its products include Camelina oil for low carbon biofuel feedstock; Omega-3 oils for nutrition; and PHA bioplastics for biodegradable zero waste packaging solutions.