Agronomics Limited (LON:ANIC - Get Free Report) shares fell 1.4% during trading on Thursday . The company traded as low as GBX 6.80 ($0.09) and last traded at GBX 7 ($0.09). 1,203,053 shares were traded during trading, a decline of 68% from the average session volume of 3,782,923 shares. The stock had previously closed at GBX 7.10 ($0.09).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reduced their price objective on Agronomics from GBX 16 ($0.21) to GBX 15.90 ($0.21) and set a "buy" rating on the stock in a research note on Monday, March 17th.
Get Our Latest Research Report on ANIC
Agronomics Stock Down 0.5%
The stock has a 50 day simple moving average of GBX 6.40 and a 200 day simple moving average of GBX 5.14. The company has a market cap of £68.96 million, a price-to-earnings ratio of -155.27 and a beta of 1.47.
About Agronomics
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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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