Eden Research (LON:EDEN) Trading Up 2.8% After Insider Buying Activity

Posted by Xavier Holt on Jan 28th, 2025

Shares of Eden Research plc (LON:EDEN – Get Free Report) were up 2.8% during trading on Tuesday after an insider bought additional shares in the company. The stock traded as high as GBX 4.18 ($0.05) and last traded at GBX 3.70 ($0.05). Approximately 12,234,783 shares traded hands during 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 the company’s stock in a transaction dated Tuesday, January 28th. The shares were bought at an average price of GBX 4 ($0.05) per share, for a total transaction of £21,621.60 ($26,902.58).

Eden Research Trading Up 2.8 %

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 business’s 50 day moving average is GBX 3.88 and its 200-day moving average is GBX 4.01. The firm has a market cap of £19.73 million, a P/E ratio of -200.00 and a beta of 0.92.

Eden Research Company Profile

(Get Free Report)

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.