Eden Research (LON:EDEN) Reaches New 12-Month Low at $8.50

Eden Research plc (LON:EDEN) shares hit a new 52-week low during trading on Monday . The company traded as low as GBX 8.50 ($0.11) and last traded at GBX 8.88 ($0.12), with a volume of 26098 shares traded. The stock had previously closed at GBX 8.75 ($0.11).

Separately, Cenkos Securities started coverage on Eden Research in a research report on Thursday, August 29th. They issued a “buy” rating for the company.

The business has a 50-day simple moving average of GBX 9.91 and a 200 day simple moving average of GBX 10.43. The firm has a market cap of $17.87 million and a PE ratio of -43.75.

In related news, Chairman Lykele van der Broek purchased 358,500 shares of Eden Research stock in a transaction on Thursday, June 27th. The stock was acquired at an average price of GBX 10.94 ($0.14) per share, for a total transaction of £39,219.90 ($51,247.75).

About Eden Research (LON:EDEN)

Eden Research plc offers sustainable solutions for crop protection, animal health, and consumer products in the United Kingdom and rest of Europe. The company provides various plant protection products, such as foliar disease control, soil pest, protected glass house crops, and post-harvest applications.

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