Agronomics (LON:ANIC) Insider Acquires £7,000 in Stock

Agronomics Limited (LON:ANIC) insider James (Jim) Mellon bought 100,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were purchased at an average price of GBX 7 per share, for a total transaction of £7,000.

James (Jim) Mellon also recently made the following trade(s):

• On Monday, February 23rd, James (Jim) Mellon purchased 250,000 shares of Agronomics stock. The stock was purchased at an average price of GBX 7 per share, with a total value of £17,500.
• On Monday, February 23rd, James (Jim) Mellon purchased 370,000 shares of Agronomics stock. The stock was purchased at an average price of GBX 6 per share, with a total value of £22,200.
• On Friday, February 20th, James (Jim) Mellon purchased 664,215 shares of Agronomics stock. The shares were purchased at an average price of GBX 6 per share, with a total value of £39,852.90.

Agronomics Trading Down 4.3%

Shares of LON:ANIC opened at GBX 6.70 on Friday. Agronomics Limited has a 52 week low of GBX 5.10 and a 52 week high of GBX 9.60. The company’s 50 day moving average is GBX 6.17 and its two-hundred day moving average is GBX 6.72. The company has a market cap of £70.79 million, a PE ratio of -4.19 and a beta of 1.47.

Agronomics (LON:ANIC) last released its quarterly earnings data on Tuesday, February 17th. The company reported GBX 0.99 earnings per share (EPS) for the quarter. Agronomics had a net margin of 135.81% and a negative return on equity of 12.24%. As a group, equities research analysts expect that Agronomics Limited will post 1.8426626 EPS for the current year.

Agronomics Company Profile

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.