Agronomics (LON:ANIC) Insider James (Jim) Mellon Acquires 370,000 Shares

Agronomics Limited (LON:ANIC) insider James (Jim) Mellon purchased 370,000 shares of the company’s stock in a transaction on Monday, February 23rd. The shares were bought at an average price of GBX 6 per share, for a total transaction of £22,200.

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

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

Agronomics Trading Up 3.3%

LON:ANIC traded up GBX 0.21 during midday trading on Wednesday, hitting GBX 6.67. 3,072,890 shares of the stock were exchanged, compared to its average volume of 3,032,904. Agronomics Limited has a one year low of GBX 5.10 and a one year high of GBX 9.60. The company has a market capitalization of £70.48 million, a price-to-earnings ratio of -2.06 and a beta of 1.47. The business 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 issued its quarterly earnings results 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%. Sell-side analysts forecast that Agronomics Limited will post 1.8426626 EPS 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.