Eden Research (LON:EDEN) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

Eden Research plc (LON:EDEN)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 4.06 ($0.05) and traded as low as GBX 3.71 ($0.05). Eden Research shares last traded at GBX 3.90 ($0.05), with a volume of 1,372,424 shares.

Eden Research Stock Up 2.5 %

The stock’s fifty day simple moving average is GBX 3.87 and its 200-day simple moving average is GBX 4.06. The stock has a market cap of £20.78 million, a P/E ratio of -200.00 and a beta of 0.92. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.42 and a current ratio of 3.80.

About Eden Research

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.