Eden Research (LON:EDEN) Stock Price Passes Above 50-Day Moving Average – Time to Sell?
by Michael Walen · The Markets DailyEden Research plc (LON:EDEN – Get Free Report) 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.
Eden Research Stock Performance
The company has a debt-to-equity ratio of 5.41, a quick ratio of 2.42 and a current ratio of 2.17. The company has a 50 day simple moving average of GBX 3.34 and a two-hundred day simple moving average of GBX 3.27. The company has a market cap of £25.95 million, a PE ratio of -7.29 and a beta of 1.76.
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. 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.