Eden Research (LON:EDEN) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Eden Research plc (LON:EDEN) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 3.27 and traded as high as GBX 3.40. Eden Research shares last traded at GBX 3.37, with a volume of 551,129 shares traded.

Eden Research Trading Up 2.0%

The firm has a market capitalization of £27.03 million, a PE ratio of -7.59 and a beta of 1.76. The company has a debt-to-equity ratio of 5.41, a quick ratio of 2.42 and a current ratio of 2.17. The firm has a fifty day moving average of GBX 3.27 and a 200 day moving average of GBX 3.17.

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. To date, they have been primarily used on high-value fruits and vegetables, improving crop yields and marketability, with equal or better performance when compared with conventional pesticides.