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

Shares of Eden Research plc (LON:EDENGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 3.89 ($0.05) and traded as high as GBX 3.91 ($0.05). Eden Research shares last traded at GBX 3.91 ($0.05), with a volume of 298,293 shares.

Eden Research Trading Up 4.2 %

The company has a quick ratio of 2.42, a current ratio of 3.80 and a debt-to-equity ratio of 1.25. The business has a 50-day moving average price of GBX 3.89 and a two-hundred day moving average price of GBX 3.99. The company has a market cap of £20.84 million, a P/E ratio of -200.00 and a beta of 0.92.

Insider Buying and Selling

In related news, insider Alexander John Abrey acquired 540,540 shares of the firm’s stock in a transaction that occurred on Tuesday, January 28th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £21,621.60 ($27,030.38). 14.02% of the stock is owned by insiders.

Eden Research Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Eden Research Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eden Research and related companies with MarketBeat.com's FREE daily email newsletter.