Eden Research (LON:EDEN) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Eden Research plc (LON:EDEN)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 3.34 and traded as high as GBX 3.40. Eden Research shares last traded at GBX 3.23, with a volume of 577,228 shares changing hands.

Eden Research Stock Performance

The company has a debt-to-equity ratio of 5.41, a current ratio of 2.17 and a quick ratio of 2.42. The company has a fifty day moving average of GBX 3.34 and a 200-day moving average of GBX 3.27. The firm has a market capitalization of £25.95 million, a PE ratio of -7.29 and a beta of 1.76.

Eden Research Company Profile

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. To date, they have been primarily used on high-value fruits and vegetables, improving crop yields and marketability, with equal or better performance when compared with conventional pesticides.