EcoSynthetix (TSE:ECO) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

EcoSynthetix Inc. (TSE:ECOGet Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.34 and traded as high as C$4.46. EcoSynthetix shares last traded at C$4.40, with a volume of 44,900 shares.

EcoSynthetix Price Performance

The company has a current ratio of 14.05, a quick ratio of 12.67 and a debt-to-equity ratio of 0.84. The company has a 50 day moving average of C$4.57 and a 200-day moving average of C$4.34. The firm has a market capitalization of C$178.89 million, a P/E ratio of -102.95 and a beta of 0.87.

EcoSynthetix Company Profile

(Get Free Report)

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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