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

Shares of Eden Research plc (LON:EDEN) were up 2.8% during trading on Tuesday following insider buying activity. The stock traded as high as GBX 4.18 ($0.05) and last traded at GBX 3.70 ($0.05). Approximately 12,234,783 shares traded 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 dated Tuesday, January 28th. The shares were purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £21,621.60 ($26,919.32).

Eden Research Stock Down 3.7 %

The company has a debt-to-equity ratio of 1.25, a current ratio of 3.80 and a quick ratio of 2.42. The stock has a market capitalization of £20.80 million, a PE ratio of -200.00 and a beta of 0.92. The company has a 50 day moving average price of GBX 3.89 and a 200-day moving average price of GBX 4.01.

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.