Agronomics' (ANIC) "Buy" Rating Reaffirmed at Canaccord Genuity Group

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Agronomics logo with Financial Services background

Canaccord Genuity Group restated their buy rating on shares of Agronomics (LON:ANIC - Free Report) in a research report sent to investors on Thursday, Marketbeat.com reports. They currently have a GBX 20 ($0.25) price objective on the stock.

Agronomics Stock Performance

Agronomics stock traded up GBX 0.02 ($0.00) during midday trading on Thursday, hitting GBX 8.50 ($0.11). 1,651,731 shares of the company's stock were exchanged, compared to its average volume of 1,860,825. Agronomics has a 52-week low of GBX 8.30 ($0.10) and a 52-week high of GBX 14.01 ($0.18). The stock has a 50-day moving average price of GBX 9.32 and a two-hundred day moving average price of GBX 9.72. The company has a market cap of £85.85 million, a P/E ratio of 470.00 and a beta of 1.62.

About Agronomics

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Agronomics Limited is a private equity and venture capital firm specializing in emerging growth, seed/startup, early venture and growth capital investments. The firm invests in quoted and unquoted companies. It prefers to invest in the alternative proteins company with a focus on cellular agriculture, cultivated meat, technologies, nascent industry of modern foods and materials, biopharma sector and will establish a portfolio of investments in biotechnology and biopharmaceutical companies.

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