Shares of Agronomics Limited (LON:ANIC – Get Free Report) dropped 5.9% during mid-day trading on Monday . The company traded as low as GBX 6.30 and last traded at GBX 6.40. Approximately 2,736,222 shares changed hands during trading, a decline of 8% from the average daily volume of 2,979,456 shares. The stock had previously closed at GBX 6.80.
Agronomics Stock Performance
The company has a market capitalization of £64.60 million, a PE ratio of -3.75 and a beta of 1.47. The business has a fifty day moving average price of GBX 7.19 and a 200 day moving average price of GBX 7.33.
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.
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