Eden Research (LON:EDEN) Stock Jumps 22.8% – What’s Next?

by · The Markets Daily

Eden Research plc (LON:EDEN – Get Free Report)’s stock price shot up 22.8% during mid-day trading on Monday. The stock traded as high as GBX 4 and last traded at GBX 3.82. 4,710,562 shares changed hands during mid-day trading, an increase of 710% from the average session volume of 581,391 shares. The stock had previously closed at GBX 3.11.

Eden Research Trading Up 22.8%

The business’s 50 day moving average is GBX 2.34 and its two-hundred day moving average is GBX 3.04. The firm has a market capitalization of £30.69 million, a P/E ratio of -8.62 and a beta of 1.55. The company has a quick ratio of 2.42, a current ratio of 1.95 and a debt-to-equity ratio of 5.41.

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

Eden Research Company Profile

(Get Free Report)

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.

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