Eden Research (LON:EDEN) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Eden Research plc (LON:EDEN) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4.06 ($0.05) and traded as low as GBX 3.71 ($0.05). Eden Research shares last traded at GBX 3.90 ($0.05), with a volume of 1,372,424 shares changing hands.

Eden Research Stock Up 2.5 %

The firm has a market capitalization of £20.78 million, a PE ratio of -200.00 and a beta of 0.92. The stock has a 50-day simple moving average of GBX 3.87 and a 200-day simple moving average of GBX 4.06. The company has a quick ratio of 2.42, a current ratio of 3.80 and a debt-to-equity ratio of 1.25.

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.