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

Eden Research plc (LON:EDEN) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 traded.

Eden Research Stock Up 3.3 %

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 company’s 50-day simple moving average is GBX 3.86 and its 200 day simple moving average is GBX 4.07. The firm has a market cap of £22.03 million, a P/E ratio of -200.00 and a beta of 0.92.

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.