Eden Research (LON:EDEN) Stock Price Up 12.1% After Insider Buying Activity

Posted by ABMN Staff on Jan 30th, 2025

Shares of Eden Research plc (LON:EDEN – Get Free Report) were up 12.1% on Tuesday after an insider bought additional shares in the company. The company traded as high as GBX 4.12 ($0.05) and last traded at GBX 4.03 ($0.05). Approximately 11,523,212 shares changed hands during mid-day trading, an increase of 637% from the average daily volume of 1,562,485 shares. The stock had previously closed at GBX 3.60 ($0.04).

Specifically, insider Alexander John Abrey acquired 540,540 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The shares were bought at an average price of GBX 4 ($0.05) per share, with a total value of £21,621.60 ($26,919.32).

Eden Research Stock Performance

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 has a market capitalization of £20.80 million, a PE ratio of -200.00 and a beta of 0.92. The business has a 50 day simple moving average of GBX 3.89 and a 200 day simple moving average of GBX 4.01.

About Eden Research

(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.