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

Posted by Maddie Sorensen on Jan 29th, 2025

Eden Research plc (LON:EDEN – Get Free Report) rose 2.8% during mid-day trading on Tuesday after an insider bought additional shares in the company. 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 changed hands 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 Eden Research 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 ($26,902.58).

Eden Research Stock Up 2.8 %

The firm has a 50-day moving average of GBX 3.88 and a 200 day moving average of GBX 4.01. The stock has a market capitalization of £19.73 million, a price-to-earnings ratio of -200.00 and a beta of 0.92. The company has a current ratio of 3.80, a quick ratio of 2.42 and a debt-to-equity ratio of 1.25.

About Eden Research

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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.