Eden Research (LON:EDEN) Share Price Breaks Above Fifty Day Moving Average – Should You Sell?

Eden Research plc (LON:EDEN)’s share price crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of GBX 2.25 and traded as high as GBX 2.70. Eden Research shares last traded at GBX 2.67, with a volume of 153,022 shares changing hands.

Eden Research Stock Down 2.5%

The company has a debt-to-equity ratio of 5.41, a quick ratio of 2.42 and a current ratio of 1.95. The stock has a 50 day moving average price of GBX 2.25 and a 200 day moving average price of GBX 2.83. The company has a market cap of £19.18 million, a P/E ratio of -5.39 and a beta of 1.61.

Eden Research (LON:EDEN) last posted its quarterly earnings data on Wednesday, August 26th. The company reported GBX (0.36) earnings per share for the quarter. Eden Research had a negative net margin of 50.43% and a negative return on equity of 16.16%. Research analysts expect that Eden Research plc will post -66.00 earnings per share for the current fiscal year.

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.