Eden Research (LON:EDEN) Shares Up 2.8% Following Insider Buying Activity

Eden Research plc (LON:EDENGet Free Report) traded up 2.8% during mid-day 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). 12,234,783 shares were traded during mid-day trading, an increase of 664% from the average session 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 on Tuesday, January 28th. The stock was purchased at an average cost of GBX 4 ($0.05) per share, with a total value of £21,621.60 ($26,902.58).

Eden Research Price Performance

The company has a market capitalization of £19.73 million, a P/E ratio of -200.00 and a beta of 0.92. The business’s 50-day simple moving average is GBX 3.88 and its 200 day simple moving average is GBX 4.01. The company has a current ratio of 3.80, a quick ratio of 2.42 and a debt-to-equity ratio of 1.25.

Eden Research Company Profile

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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.

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