Local Bounti Corporation (LOCL)
Local Bounti Corporation operates in the Agricultural Farm Products industry of the Consumer Defensive sector, headquartered in Hamilton, MT, US. The stock last traded at $1.10, down 12.30% on the session, giving a market capitalisation of $25.2M. On trailing twelve-month figures it carries a trailing P/E of -0.40, a net margin of -130.5%. Its beta of 2.73 implies it has historically moved more than the broad market.
Local Bounti Corporation is an American agricultural enterprise primarily engaged in the cultivation of fresh greens and various herbs. Their product line features different varieties of lettuce, specific herbs, and notably, loose-leaf lettuce. The company supplies its produce to both retail grocery stores and distributors within the food service industry. Established in 2018, Local Bounti Corporation maintains its corporate headquarters in Hamilton, Montana.
Local Bounti Corporation is most often compared with the following Consumer Defensive names: