Agronomics (LON:ANIC) Trading Down 1.3% – What’s Next?

Agronomics Limited (LON:ANIC) dropped 1.3% during mid-day trading on Wednesday . The stock traded as low as GBX 5.95 and last traded at GBX 6.02. Approximately 6,702,754 shares were traded during trading, an increase of 117% from the average daily volume of 3,086,096 shares. The stock had previously closed at GBX 6.10.

Agronomics Price Performance

The company has a market cap of £61.76 million, a PE ratio of -1.80 and a beta of 1.47. The company has a 50-day moving average price of GBX 6.29 and a two-hundred day moving average price of GBX 6.89.

Agronomics (LON:ANIC) last posted its quarterly earnings results on Tuesday, December 30th. The company reported GBX (3.24) earnings per share (EPS) for the quarter. Agronomics had a negative net margin of 71.96% and a negative return on equity of 0.27%. On average, equities research analysts anticipate that Agronomics Limited will post 1.8426626 earnings per share 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.