Eden Research (LON:EDEN) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Eden Research plc (LON:EDEN)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 4.07 ($0.05) and traded as low as GBX 3.92 ($0.05). Eden Research shares last traded at GBX 3.92 ($0.05), with a volume of 778,479 shares changing hands.

Eden Research Stock Performance

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 firm’s 50-day moving average price is GBX 3.86 and its 200-day moving average price is GBX 4.07. The stock has a market cap of £21.22 million, a P/E ratio of -200.00 and a beta of 0.92.

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.