Insider Buying: Agronomics (LON:ANIC) Insider Acquires £39,852.90 in Stock

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

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

• On Monday, February 23rd, James (Jim) Mellon bought 250,000 shares of Agronomics stock. The shares were acquired at an average price of GBX 7 per share, with a total value of £17,500.
• On Monday, February 23rd, James (Jim) Mellon acquired 370,000 shares of Agronomics stock. The shares were acquired at an average price of GBX 6 per share, with a total value of £22,200.

Agronomics Stock Up 3.3%

Shares of ANIC opened at GBX 6.67 on Thursday. The firm has a market cap of £70.48 million, a price-to-earnings ratio of -2.06 and a beta of 1.47. The business’s 50 day moving average is GBX 6.13 and its two-hundred day moving average is GBX 6.76. Agronomics Limited has a 52-week low of GBX 5.10 and a 52-week high of GBX 9.60.

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