Eden Research (LON:EDEN) Trading Down 13.2% – Time to Sell?

Eden Research plc (LON:EDENGet Free Report)’s share price dropped 13.2% on Monday . The company traded as low as GBX 2.26 ($0.03) and last traded at GBX 2.37 ($0.03). Approximately 1,775,147 shares traded hands during trading, an increase of 133% from the average daily volume of 762,776 shares. The stock had previously closed at GBX 2.73 ($0.04).

Eden Research Stock Up 3.5 %

The company has a market capitalization of £14.35 million, a PE ratio of -9.42 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 1.26. The firm has a 50 day simple moving average of GBX 3.36 and a two-hundred day simple moving average of GBX 3.71.

Insider Activity at Eden Research

In other Eden Research news, insider Alexander John Abrey bought 167,947 shares of the company’s stock in a transaction on Tuesday, March 4th. The shares were bought at an average price of GBX 3 ($0.04) per share, for a total transaction of £5,038.41 ($6,513.78). Also, insider Lykele van der Broek purchased 256,000 shares of Eden Research stock in a transaction dated Thursday, February 6th. The stock was acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £10,240 ($13,238.53). Insiders have bought a total of 1,391,473 shares of company stock worth $103,604,725 in the last three months. Insiders own 14.02% of the company’s stock.

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.

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