Insider Buying: Agronomics (LON:ANIC) Insider Purchases 664,215 Shares of Stock

Agronomics Limited (LON:ANIC) insider James (Jim) Mellon purchased 664,215 shares of the stock in a transaction dated Friday, February 20th. The shares were purchased at an average price of GBX 6 per share, with a total value of £39,852.90.

Agronomics Trading Down 0.7%

Shares of Agronomics stock traded down GBX 0.05 during trading hours on Monday, reaching GBX 6.36. 1,355,984 shares of the company’s stock were exchanged, compared to its average volume of 3,000,656. Agronomics Limited has a 52-week low of GBX 5.10 and a 52-week high of GBX 9.60. The company has a fifty day moving average of GBX 6.16 and a 200-day moving average of GBX 6.77. The firm has a market capitalization of £67.15 million, a price-to-earnings ratio of -1.96 and a beta of 1.47.

Agronomics (LON:ANIC) last announced its quarterly earnings data on Tuesday, February 17th. The company reported GBX 0.99 earnings per share for the quarter. Agronomics had a negative net margin of 71.96% and a negative return on equity of 0.27%. On average, equities research analysts anticipate that Agronomics Limited will post 1.8426626 earnings per share for the current fiscal year.

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.