James (Jim) Mellon Purchases 664,215 Shares of Agronomics (LON:ANIC) Stock

Agronomics Limited (LON:ANIC) insider James (Jim) Mellon acquired 664,215 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was bought at an average cost of GBX 6 per share, for a total transaction of £39,852.90.

Agronomics Trading Up 3.2%

ANIC stock opened at GBX 6.50 on Wednesday. The stock has a market cap of £68.68 million, a PE ratio of -2.01 and a beta of 1.47. Agronomics Limited has a 1 year low of GBX 5.10 and a 1 year high of GBX 9.60. The stock has a 50-day moving average price of GBX 6.13 and a two-hundred day moving average price of GBX 6.76.

Agronomics (LON:ANIC) last released its earnings results on Tuesday, February 17th. The company reported GBX 0.99 EPS for the quarter. Agronomics had a negative return on equity of 0.27% and a negative net margin of 71.96%. On average, analysts forecast 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.