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

Shares of Eden Research plc (LON:EDENGet Free Report) rose 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 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 bought 540,540 shares of the 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 ($26,919.32).

Eden Research Stock Performance

The company has a market cap of £20.80 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 stock has a 50 day moving average price of GBX 3.89 and a two-hundred day moving average price of GBX 4.01.

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.

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