Eden Research (LON:EDEN) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Eden Research plc (LON:EDEN) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 3.99 ($0.05) and traded as high as GBX 4.30 ($0.06). Eden Research shares last traded at GBX 3.75 ($0.05), with a volume of 1,522,970 shares traded.

Eden Research Stock Down 2.7 %

The firm has a 50-day simple moving average of GBX 3.98 and a 200 day simple moving average of GBX 4.23. The stock has a market capitalization of £19.47 million, a P/E ratio of -200.00 and a beta of 0.92. The company has a debt-to-equity ratio of 1.25, a current ratio of 3.80 and a quick ratio of 2.42.

About Eden Research

Eden Research plc, together with its subsidiaries, develops and sells biopesticides solution for crop protection, animal health, and consumer products industries in the United Kingdom and Europe. The company provides crop protection products for foliar disease and insect control, open field and greenhouses, soil pests, post-harvest shelf-life extension, and seed treatment applications under the Mevalone and Cedroz brand names.