Agronomics (LON:ANIC) Stock Price Down 5.9% – Here’s Why

Shares of Agronomics Limited (LON:ANICGet Free Report) traded down 5.9% during trading on Monday . The stock traded as low as GBX 6.30 and last traded at GBX 6.40. 2,736,222 shares traded hands during trading, a decline of 8% from the average session volume of 2,979,456 shares. The stock had previously closed at GBX 6.80.

Agronomics Stock Down 5.9%

The company has a market cap of £64.60 million, a PE ratio of -3.75 and a beta of 1.47. The stock’s 50 day simple moving average is GBX 7.19 and its two-hundred day simple moving average is GBX 7.33.

About Agronomics

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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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