Insider Buying: Agronomics (LON:ANIC) Insider Acquires 664,215 Shares of Stock

Key Points

  • Insider purchase: James (Jim) Mellon bought 664,215 shares of Agronomics on Feb 20 at an average price of GBX 6 per share, totaling £39,852.90.
  • Shares recently traded around GBX 6.30 with a 1‑year range of GBX 5.10–9.60; the company has a market cap of £66.56 million, a negative P/E of -1.94 and a steep negative net margin of 71.96%.
  • Agronomics is an AIM-listed investment company focused on early-stage technologies in cellular agriculture, precision fermentation and synthetic biology to produce substitutes for animal-derived food and materials.

Agronomics Limited (LON:ANIC - Get Free Report) insider James (Jim) Mellon bought 664,215 shares of Agronomics stock in a transaction on Friday, February 20th. The shares were purchased at an average price of GBX 6 per share, for a total transaction of £39,852.90.

Agronomics Price Performance

Shares of LON ANIC opened at GBX 6.30 on Tuesday. Agronomics Limited has a 1 year low of GBX 5.10 and a 1 year high of GBX 9.60. The firm has a 50-day moving average of GBX 6.15 and a 200 day moving average of GBX 6.76. The stock has a market cap of £66.56 million, a P/E ratio of -1.94 and a beta of 1.47.

Agronomics (LON:ANIC - Get Free Report) 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%. Research analysts expect that Agronomics Limited will post 1.8426626 earnings per share for the current fiscal year.

About Agronomics

(Get Free Report)

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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