EcoSynthetix (OTC:ECSNF) Shares Up 12.8% – What’s Next?

Shares of EcoSynthetix Inc. (OTC:ECSNF) were up 12.8% during mid-day trading on Tuesday . The stock traded as high as $3.88 and last traded at $3.88. Approximately 174 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 1,598 shares. The stock had previously closed at $3.44.

EcoSynthetix Price Performance

The firm has a fifty day moving average price of $3.14 and a 200-day moving average price of $3.35.

EcoSynthetix Company Profile

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.