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

Shares of Yield10 Bioscience, Inc. (NASDAQ:YTEN) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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.

Analyst Upgrades and Downgrades

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

Yield10 Bioscience Stock Down 6.5 %

The firm’s 50-day moving average is $0.29 and its 200 day moving average is $0.27.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Yield10 Bioscience stock. Millennium Management LLC acquired a new stake in shares of Yield10 Bioscience, Inc. (NASDAQ:YTEN) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 58,768 shares of the specialty chemicals company’s stock, valued at approximately $132,000. Millennium Management LLC owned about 1.20% of Yield10 Bioscience at the end of the most recent reporting period. Institutional investors own 4.91% of the company’s stock.

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.