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Agronomics (LON:ANIC) Sets New 12-Month High - Here's What Happened

Agronomics logo with Financial Services background

Agronomics Limited (LON:ANIC - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as GBX 8.70 ($0.12) and last traded at GBX 8.32 ($0.11), with a volume of 16512662 shares trading hands. The stock had previously closed at GBX 7.60 ($0.10).

Analyst Ratings Changes

Separately, Canaccord Genuity Group cut their price target on Agronomics from GBX 16 ($0.22) to GBX 15.90 ($0.22) and set a "buy" rating for the company in a research note on Monday, March 17th.

View Our Latest Analysis on Agronomics

Agronomics Price Performance

The company has a 50 day moving average of GBX 6.89 and a 200-day moving average of GBX 5.95. The company has a market cap of £91.35 million, a P/E ratio of -205.68 and a beta of 1.47.

Agronomics Company Profile

(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.

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