Agronomics (LON:ANIC) Announces Earnings Results

Agronomics (LON:ANIC) announced its quarterly earnings data on Tuesday. The company reported GBX 0.99 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Agronomics had a negative net margin of 71.96% and a negative return on equity of 0.27%.

Agronomics Trading Up 0.7%

Shares of LON:ANIC traded up GBX 0.04 during midday trading on Tuesday, hitting GBX 5.90. The company had a trading volume of 6,718,954 shares, compared to its average volume of 3,093,681. Agronomics has a 12 month low of GBX 5.10 and a 12 month high of GBX 9.60. The firm has a fifty day simple moving average of GBX 6.20 and a 200 day simple moving average of GBX 6.81. The stock has a market cap of £62.34 million, a price-to-earnings ratio of -1.82 and a beta of 1.47.

About Agronomics

Agronomics is an AIM-listed investment company centered on the nascent fields of cellular agriculture, precision fermentation and synthetic biology. The Company invests in technologies that offer new ways of producing food and materials with a focus on products historically derived from animals. These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals, as well as being fundamental to feeding the world’s expanding population.