Benson Hill (NASDAQ:BHIL) Stock Price Down 2.5% – Here’s Why

Shares of Benson Hill, Inc. (NASDAQ:BHIL) fell 2.5% on Wednesday . The company traded as low as $1.82 and last traded at $1.97. 70,114 shares were traded during mid-day trading, an increase of 134% from the average session volume of 30,026 shares. The stock had previously closed at $2.02.

Benson Hill Stock Performance

The company has a current ratio of 2.21, a quick ratio of 1.74 and a debt-to-equity ratio of 3.12. The company has a market cap of $14.43 million, a P/E ratio of -0.13 and a beta of 1.93. The company has a 50 day moving average price of $4.15 and a 200-day moving average price of $5.66.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Benson Hill stock. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Benson Hill, Inc. (NASDAQ:BHIL) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 259,400 shares of the company’s stock, valued at approximately $40,000. Point72 Asia Singapore Pte. Ltd. owned about 0.12% of Benson Hill at the end of the most recent quarter. Institutional investors own 36.21% of the company’s stock.

Benson Hill Company Profile

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.