Local Bounti (LOCL) Expected to Announce Earnings on Wednesday

Local Bounti (NYSE:LOCL) is anticipated to announce its earnings results before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of ($3.89) per share and revenue of $10.95 million for the quarter.

Local Bounti Trading Up 3.2 %

Shares of NYSE:LOCL opened at $1.96 on Tuesday. The stock’s fifty day simple moving average is $2.19 and its two-hundred day simple moving average is $2.19. Local Bounti has a 1-year low of $1.18 and a 1-year high of $3.33. The stock has a market cap of $16.97 million, a PE ratio of -0.11 and a beta of 2.20.

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.