Agronomics (LON:ANIC) Insider James (Jim) Mellon Acquires 1,475,000 Shares of Stock

Agronomics Limited (LON:ANIC) insider James (Jim) Mellon bought 1,475,000 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were acquired at an average cost of GBX 7 per share, for a total transaction of £103,250.

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

• On Tuesday, March 3rd, James (Jim) Mellon purchased 100,000 shares of Agronomics stock. The stock was acquired at an average cost of GBX 7 per share, with a total value of £7,000.
• On Monday, February 23rd, James (Jim) Mellon purchased 250,000 shares of Agronomics stock. The shares were acquired at an average cost of GBX 7 per share, for a total transaction of £17,500.
• On Monday, February 23rd, James (Jim) Mellon bought 370,000 shares of Agronomics stock. The stock was bought at an average price of GBX 6 per share, with a total value of £22,200.
• On Friday, February 20th, James (Jim) Mellon bought 664,215 shares of Agronomics stock. The shares were bought at an average cost of GBX 6 per share, for a total transaction of £39,852.90.

Agronomics Trading Up 3.6%

Shares of LON:ANIC opened at GBX 7 on Friday. The company has a 50 day moving average of GBX 6.19 and a 200-day moving average of GBX 6.70. The firm has a market cap of £73.96 million, a P/E ratio of -4.38 and a beta of 0.96. 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 quarterly earnings data on Tuesday, February 17th. The company reported GBX 0.99 EPS for the quarter. Agronomics had a net margin of 135.81% and a negative return on equity of 12.24%. Equities research analysts forecast that Agronomics Limited will post 1.8426626 EPS for the current 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.