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

Eden Research plc (LON:EDEN)’s share price rose 2.8% during trading on Wednesday following insider buying activity. The company 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 mid-day 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 acquired 540,540 shares of the company’s stock in a transaction dated Tuesday, January 28th. The shares were acquired at an average cost of GBX 4 ($0.05) per share, with a total value of £21,621.60 ($26,852.46).

Eden Research Trading Down 2.7 %

The stock has a market cap of £21.01 million, a PE ratio of -200.00 and a beta of 0.92. The company’s fifty day moving average is GBX 3.89 and its 200-day moving average is GBX 4. The company has a debt-to-equity ratio of 1.25, a current ratio of 3.80 and a quick ratio of 2.42.

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.