EcoSynthetix Inc. (TSE:ECO – Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$4.22 and traded as high as C$4.40. EcoSynthetix shares last traded at C$4.30, with a volume of 26,124 shares trading hands.
EcoSynthetix Stock Performance
The firm’s 50 day moving average is C$4.18 and its 200-day moving average is C$4.22. The stock has a market capitalization of C$252.38 million, a price-to-earnings ratio of -430.00 and a beta of 0.31. The company has a debt-to-equity ratio of 0.84, a quick ratio of 12.67 and a current ratio of 14.05.
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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