Eden Research (LON:EDEN) Stock Price Up 13.3% on Insider Buying Activity

Eden Research plc (LON:EDENGet Free Report)’s share price shot up 13.3% during trading on Tuesday following insider buying activity. The stock traded as high as GBX 4.12 ($0.05) and last traded at GBX 4.08 ($0.05). 11,401,455 shares traded hands during mid-day trading, an increase of 633% from the average session volume of 1,555,721 shares. The stock had previously closed at GBX 3.60 ($0.04).

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

Eden Research Trading Down 2.7 %

The company has a debt-to-equity ratio of 1.25, a current ratio of 3.80 and a quick ratio of 2.42. The business’s 50-day moving average price is GBX 3.89 and its two-hundred day moving average price is GBX 4.01. The company has a market capitalization of £21.01 million, a P/E ratio of -200.00 and a beta of 0.92.

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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