Agronomics (LON:ANIC) Insider James (Jim) Mellon Purchases 100,000 Shares of Stock

Agronomics Limited (LON:ANIC) insider James (Jim) Mellon bought 100,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average price of GBX 7 per share, with a total value of £7,000.

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

• On Monday, February 23rd, James (Jim) Mellon purchased 250,000 shares of Agronomics stock. The stock was bought at an average price of GBX 7 per share, for a total transaction of £17,500.
• On Monday, February 23rd, James (Jim) Mellon purchased 370,000 shares of Agronomics stock. The stock was bought at an average price of GBX 6 per share, for a total transaction of £22,200.
• On Friday, February 20th, James (Jim) Mellon purchased 664,215 shares of Agronomics stock. The stock was bought at an average price of GBX 6 per share, for a total transaction of £39,852.90.

Agronomics Stock Up 4.5%

Shares of Agronomics stock opened at GBX 7 on Friday. The firm has a market cap of £73.96 million, a price-to-earnings ratio of -2.16 and a beta of 1.47. The business has a 50-day moving average price of GBX 6.17 and a 200-day moving average price of GBX 6.74. Agronomics Limited has a twelve month low of GBX 5.10 and a twelve month high of GBX 9.60.

Agronomics (LON:ANIC) last posted 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 12.24% and a net margin of 135.81%. On average, equities analysts expect that Agronomics Limited will post 1.8426626 EPS 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.