EcoSynthetix (TSE:ECO) Shares Cross Above 200 Day Moving Average – What’s Next?

EcoSynthetix Inc. (TSE:ECOGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$4.21 and traded as high as C$4.23. EcoSynthetix shares last traded at C$4.07, with a volume of 8,504 shares trading hands.

EcoSynthetix Price Performance

The firm’s fifty day simple moving average is C$4.10 and its 200-day simple moving average is C$4.21. The firm has a market capitalization of C$239.28 million, a PE ratio of -81.40 and a beta of 0.87. The company has a quick ratio of 12.67, a current ratio of 20.06 and a debt-to-equity ratio of 1.04.

About EcoSynthetix

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for EcoSynthetix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EcoSynthetix and related companies with MarketBeat.com's FREE daily email newsletter.