EcoSynthetix Inc. (OTCMKTS:ECSNF – Get Free Report) was down 10.8% during mid-day trading on Monday . The stock traded as low as $1.89 and last traded at $1.89. 100 shares changed hands during trading, a decline of 88% from the average daily volume of 833 shares. The stock had previously closed at $2.12.
EcoSynthetix Price Performance
The company’s 50-day simple moving average is $2.26 and its two-hundred day simple moving average is $2.52.
About EcoSynthetix
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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