Agronomics (LON:ANIC) Hits New 12-Month Low at $5.40

Shares of Agronomics Limited (LON:ANIC) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 5.40 ($0.07) and last traded at GBX 5.40 ($0.07), with a volume of 1933301 shares. The stock had previously closed at GBX 5.65 ($0.07).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 17.50 ($0.23) target price on shares of Agronomics in a research report on Tuesday.

Agronomics Trading Down 4.4 %

The company’s fifty day simple moving average is GBX 5.76 and its 200-day simple moving average is GBX 7.19. The stock has a market cap of £54.54 million, a P/E ratio of 470.00 and a beta of 1.47.

Agronomics Company Profile

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.