Eden Research (LON:EDEN) Trading 13.3% Higher – Here’s Why

Shares of Eden Research plc (LON:EDEN) shot up 13.3% during trading on Tuesday . The company traded as high as GBX 4.12 ($0.05) and last traded at GBX 4.08 ($0.05). 11,401,455 shares changed hands during mid-day trading, an increase of 633% from the average session volume of 1,555,721 shares. The stock had previously closed at GBX 3.60 ($0.04).

Eden Research Price Performance

The company has a market cap of £21.76 million, a price-to-earnings ratio of -200.00 and a beta of 0.92. The company has a current ratio of 3.80, a quick ratio of 2.42 and a debt-to-equity ratio of 1.25. The company has a fifty day moving average price of GBX 3.88 and a two-hundred day moving average price of GBX 4.02.

About Eden Research

Eden Research is the only UK-listed company focused on biopesticides for sustainable agriculture. It develops and supplies innovative biopesticide products and natural microencapsulation technologies to the global crop protection, animal health and consumer products industries.

Eden’s products are formulated with terpene active ingredients, based on natural plant defence metabolites.