EcoSynthetix (OTC:ECSNF) Stock Price Down 1.4% – Here’s What Happened

EcoSynthetix Inc. (OTC:ECSNFGet Free Report)’s stock price dropped 1.4% during mid-day trading on Thursday . The company traded as low as $3.04 and last traded at $3.04. Approximately 2,700 shares changed hands during mid-day trading, an increase of 488% from the average daily volume of 459 shares. The stock had previously closed at $3.08.

EcoSynthetix Price Performance

The stock has a 50-day simple moving average of $3.04 and a 200-day simple moving average of $3.03.

EcoSynthetix Company Profile

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EcoSynthetix Inc, a renewable chemicals company, develops and commercializes bio-based technologies that are used as replacement solutions for synthetic, petrochemical-based adhesives, and other related products worldwide. The company offers EcoMer biomonomer for use in pressure sensitive adhesives, ink, toner resins, and paints; EcoSphere biolatex, a bio-based latex binder used in paper and paperboard industry; EcoStix, a family of sugar-acrylic and pressure-sensitive adhesives, which include customizable resin grades and formulated grades; and DuraBind engineered biopolymers that enable manufacturers of particle board, MDF, and OSB to decrease the amount of highly regulated chemicals, such as formaldehyde in their formulation.

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