Eden Research (LON:EDEN) Trading Down 7.4% – Here’s What Happened

Shares of Eden Research plc (LON:EDEN) were down 7.4% during trading on Wednesday . The company traded as low as GBX 2.53 ($0.03) and last traded at GBX 2.64 ($0.04). Approximately 1,234,060 shares changed hands during trading, an increase of 150% from the average daily volume of 492,886 shares. The stock had previously closed at GBX 2.85 ($0.04).

Eden Research Stock Down 5.3%

The business’s fifty day moving average is GBX 3.28 and its two-hundred day moving average is GBX 3.27. The company has a market cap of £14.39 million, a P/E ratio of -749.44 and a beta of 0.92. The company has a debt-to-equity ratio of 1.26, a quick ratio of 2.42 and a current ratio of 3.80.

Eden Research (LON:EDEN) last released its earnings results on Wednesday, September 17th. The company reported GBX (0.25) earnings per share for the quarter. Eden Research had a negative return on equity of 11.63% and a negative net margin of 38.70%. Equities analysts predict that Eden Research plc will post -66.0000038 EPS for the current year.

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.