Eden Research (LON:EDEN) Hits New 1-Year Low – Here’s Why

Eden Research plc (LON:EDEN)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as GBX 1.93 and last traded at GBX 2, with a volume of 1112218 shares trading hands. The stock had previously closed at GBX 2.15.

Eden Research Price Performance

The firm has a fifty day moving average of GBX 2.46 and a two-hundred day moving average of GBX 2.98. The stock has a market capitalization of £16.07 million, a P/E ratio of -4.51 and a beta of 1.61. The company has a debt-to-equity ratio of 5.41, a current ratio of 1.95 and a quick ratio of 2.42.

Eden Research (LON:EDEN) last issued its earnings results on Wednesday, August 26th. The company reported GBX (0.36) earnings per share (EPS) for the quarter. Eden Research had a negative return on equity of 16.16% and a negative net margin of 50.43%. On average, analysts predict that Eden Research plc will post -66.0000038 EPS for the current 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.