EcoSynthetix Inc. (TSE:ECO – Get Free Report)’s stock price rose 2% on Wednesday . The company traded as high as C$4.04 and last traded at C$4.04. Approximately 26,805 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 64,500 shares. The stock had previously closed at C$3.96.
EcoSynthetix Stock Down 0.7 %
The company has a quick ratio of 12.67, a current ratio of 20.06 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of C$243.98 million, a price-to-earnings ratio of -83.00 and a beta of 0.87. The company’s 50 day moving average price is C$4.18 and its 200 day moving average price is C$4.26.
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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