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

Shares of Eden Research plc (LON:EDEN) rose 2.8% on Wednesday after an insider bought additional shares in the company. The stock traded as high as GBX 4.18 ($0.05) and last traded at GBX 3.70 ($0.05). Approximately 12,234,783 shares were traded during trading, an increase of 664% from the average daily volume of 1,602,016 shares. The stock had previously closed at GBX 3.60 ($0.04).

Specifically, insider Alexander John Abrey purchased 540,540 shares of Eden Research stock in a transaction dated Tuesday, January 28th. The shares were bought at an average cost of GBX 4 ($0.05) per share, for a total transaction of £21,621.60 ($26,852.46).

Eden Research Trading Down 2.7 %

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 cap of £21.01 million, a price-to-earnings ratio of -200.00 and a beta of 0.92. The firm has a 50 day moving average price of GBX 3.89 and a two-hundred day moving average price of GBX 4.

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.