Eden Research (LON:EDEN) Trading Up 2.8% After Insider Buying Activity

Posted by Paula Ricardo on Jan 28th, 2025

Eden Research plc (LON:EDEN – Get Free Report)’s share price rose 2.8% on Tuesday after an insider bought additional shares in the company. The company traded as high as GBX 4.18 ($0.05) and last traded at GBX 3.70 ($0.05). Approximately 12,234,783 shares changed hands during trading, an increase of 664% from the average daily volume of 1,602,016 shares. The stock had previously closed at GBX 3.60 ($0.04).

Specifically, insider Alexander John Abrey bought 540,540 shares of Eden Research stock in a transaction that occurred on Tuesday, January 28th. The shares were acquired at an average price of GBX 4 ($0.05) per share, with a total value of £21,621.60 ($26,902.58).

Eden Research Stock Up 2.8 %

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 company’s fifty day simple moving average is GBX 3.88 and its 200 day simple moving average is GBX 4.01. The firm has a market capitalization of £19.73 million, a PE ratio of -200.00 and a beta of 0.92.

About Eden Research

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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.