Agronomics (LON:ANIC) Shares Down 0.3% - Here's Why

Key Points

• Agronomics Limited's stock fell 0.3%, trading as low as GBX 7.30 before last closing at GBX 7.40, with a significant drop in trading volume of 72% from its average.
• The company's market capitalization stands at £73.28 million, with a price-to-earnings ratio of -164.99 and a beta of 1.47, indicating high volatility.
• Agronomics focuses on investment in cellular agriculture, precision fermentation, and synthetic biology, aiming to disrupt traditional agriculture and improve sustainability.

Agronomics Limited (LON:ANIC - Get Free Report)'s share price dropped 0.3% on Wednesday . The stock traded as low as GBX 7.30 ($0.10) and last traded at GBX 7.38 ($0.10). Approximately 957,876 shares were traded during trading, a decline of 72% from the average daily volume of 3,433,275 shares. The stock had previously closed at GBX 7.40 ($0.10).

Agronomics Stock Up 4.2%

The stock has a market capitalization of £78.44 million, a PE ratio of -176.62 and a beta of 1.47. The business's fifty day moving average is GBX 7.83 and its 200-day moving average is GBX 6.79.

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.