Eden Research (LON:EDEN) Trading 11.4% Higher – Time to Buy?

Eden Research plc (LON:EDENGet Free Report) shares traded up 11.4% during mid-day trading on Wednesday . The company traded as high as GBX 3.90 ($0.05) and last traded at GBX 3.90 ($0.05). 1,039,845 shares were traded during trading, an increase of 145% from the average session volume of 424,873 shares. The stock had previously closed at GBX 3.50 ($0.04).

Eden Research Stock Performance

The business’s fifty day simple moving average is GBX 3.90 and its 200-day simple moving average is GBX 4.20. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.42 and a current ratio of 3.80. The firm has a market capitalization of £20.80 million, a PE ratio of -200.00 and a beta of 0.92.

About Eden Research

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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.

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