Eden Research (LON:EDEN) Stock Price Up 13.3% – Still a Buy?

Eden Research plc (LON:EDEN)’s share price traded up 13.3% during trading on Tuesday . The company traded as high as GBX 4.12 ($0.05) and last traded at GBX 4.08 ($0.05). 11,401,455 shares were traded during mid-day trading, an increase of 633% from the average session volume of 1,555,721 shares. The stock had previously closed at GBX 3.60 ($0.04).

Eden Research Stock Up 13.3 %

The company has a market cap of £21.76 million, a P/E ratio of -200.00 and a beta of 0.92. The company has a quick ratio of 2.42, a current ratio of 3.80 and a debt-to-equity ratio of 1.25. The firm has a fifty day moving average price of GBX 3.88 and a 200 day moving average price of GBX 4.02.

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.