Seed Innovations (LON:SEED) Shares Up 10.1%

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

Seed Innovations Trading Up 10.1 %

The firm’s 50-day moving average price is GBX 1.55 and its 200-day moving average price is GBX 1.89. The stock has a market capitalization of £3.08 million, a PE ratio of -145.00 and a beta of 0.78.

Insider Activity

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

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.