Seed Innovations (LON:SEED) Trading Up 10.1%

Seed Innovations Limited (LON:SEED)’s stock price traded up 10.1% during mid-day trading on Tuesday . The stock traded as high as GBX 1.60 ($0.02) and last traded at GBX 1.60 ($0.02). 771,554 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 798,853 shares. The stock had previously closed at GBX 1.45 ($0.02).

Seed Innovations Trading Up 10.1 %

The firm has a market capitalization of £3.08 million, a P/E ratio of -145.00 and a beta of 0.78. The stock has a 50 day simple moving average of GBX 1.55 and a 200-day simple moving average of GBX 1.89.

Insider Activity at Seed Innovations

In other Seed Innovations news, insider Lance De Jersey purchased 1,000,000 shares of the firm’s stock in a transaction on Wednesday, August 28th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £10,000 ($13,347.57). In related news, insider Edward (Ed) Peter McDermott acquired 1,450,000 shares of the business’s stock in a transaction that occurred on Monday, September 2nd. The stock was bought at an average cost of GBX 151 ($2.02) per share, for a total transaction of £2,189,500 ($2,922,450.61). Also, insider Lance De Jersey bought 1,000,000 shares of the firm’s stock in a transaction on Wednesday, August 28th. The shares were purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £10,000 ($13,347.57). 30.58% of the stock is currently owned by company insiders.

Seed Innovations Company Profile

Seed Innovations Limited, is a venture capital firm specializing in early stage investments. The firm prefers to focus on investments in innovative lifestyle, wellness, health, medical cannabis the technology sector and life sciences, medical cannabis and pharmaceuticals. It typically invests in North America and Europe but will consider investments elsewhere in the world.