Seed Innovations (LON:SEED) Trading Down 3.3% – Here’s What Happened

Seed Innovations Limited (LON:SEED) traded down 3.3% during trading on Tuesday . The stock traded as low as GBX 1.42 ($0.02) and last traded at GBX 1.45 ($0.02). 521,105 shares were traded during mid-day trading, a decline of 30% from the average session volume of 745,381 shares. The stock had previously closed at GBX 1.50 ($0.02).

Seed Innovations Trading Down 3.3 %

The firm has a market capitalization of £2.80 million, a P/E ratio of -145.00 and a beta of 0.78. The company has a 50 day moving average of GBX 1.51 and a 200-day moving average of GBX 1.80.

Insider Activity at Seed Innovations

In other Seed Innovations news, insider Edward (Ed) Peter McDermott purchased 1,450,000 shares of the firm’s stock in a transaction on Monday, September 2nd. The stock was purchased at an average cost of GBX 151 ($1.96) per share, for a total transaction of £2,189,500 ($2,839,450.14). In other Seed Innovations news, insider Lance De Jersey acquired 1,000,000 shares of Seed Innovations stock in a transaction dated Wednesday, August 28th. The stock was purchased at an average cost of GBX 1 ($0.01) per share, for a total transaction of £10,000 ($12,968.49). Also, insider Edward (Ed) Peter McDermott bought 1,450,000 shares of the business’s stock in a transaction that occurred on Monday, September 2nd. The shares were bought at an average cost of GBX 151 ($1.96) per share, for a total transaction of £2,189,500 ($2,839,450.14). 30.58% of the stock is currently owned by insiders.

About Seed Innovations

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.