Eden Research (LON:EDEN) Stock Price Passes Above 50-Day Moving Average – Should You Sell?

Eden Research plc (LON:EDEN) crossed above its 50-day moving average during trading on Friday . The stock has a 50-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 Stock Up 2.0%

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 simple moving average of GBX 3.27 and a 200-day simple moving average of GBX 3.17. The company has a market capitalization of £27.03 million, a PE ratio of -7.59 and a beta of 1.76.

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. 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.