Eden Research (LON:EDEN) Stock Price Crosses Below Fifty Day Moving Average – Should You Sell?

Eden Research plc (LON:EDEN) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 2.43 and traded as low as GBX 2.13. Eden Research shares last traded at GBX 2.29, with a volume of 54,276 shares traded.

Eden Research Trading Up 6.7%

The company’s 50 day moving average price is GBX 2.43 and its 200 day moving average price is GBX 3.11. The company has a debt-to-equity ratio of 1.26, a current ratio of 3.80 and a quick ratio of 2.42. The firm has a market cap of £12.24 million, a PE ratio of -5.18 and a beta of 0.92.

Eden Research (LON:EDEN) last announced its earnings results on Wednesday, September 17th. The company reported GBX (0.25) earnings per share for the quarter. Eden Research had a negative return on equity of 11.63% and a negative net margin of 38.70%. As a group, analysts forecast that Eden Research plc will post -66.0000038 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Alexander John Abrey purchased 360,490 shares of Eden Research stock in a transaction on Wednesday, September 17th. The shares were bought at an average price of GBX 3 per share, with a total value of £10,814.70. Also, insider Sean M. Smith acquired 390,624 shares of the firm’s stock in a transaction dated Wednesday, September 17th. The stock was bought at an average price of GBX 3 per share, with a total value of £11,718.72. Company insiders own 4.46% of the company’s stock.

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.