Shares of EcoSynthetix Inc. (TSE:ECO – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.23 and traded as high as C$4.30. EcoSynthetix shares last traded at C$4.23, with a volume of 4,866 shares changing hands.
EcoSynthetix Price Performance
The company has a market capitalization of C$248.68 million, a P/E ratio of -84.60 and a beta of 0.87. The business’s 50-day moving average is C$4.09 and its two-hundred day moving average is C$4.23. The company has a quick ratio of 12.67, a current ratio of 20.06 and a debt-to-equity ratio of 1.04.
EcoSynthetix Company Profile
EcoSynthetix Inc is a renewable chemicals company. It is engaged in the development and commercialization of ecologically friendly bio-based technologies as replacement solutions for synthetic, petrochemical-based adhesives and other related products. The company operates in one reportable segment and generates revenue primarily from its biopolymer nanosphere technology platform.
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