EcoSynthetix (ECO) Set to Announce Earnings on Monday

EcoSynthetix (TSE:ECO) will be posting its quarterly earnings results after the market closes on Monday, November 4th.

EcoSynthetix (TSE:ECO) last posted its earnings results on Tuesday, July 30th. The company reported C($0.02) earnings per share for the quarter. EcoSynthetix had a negative return on equity of 5.25% and a negative net margin of 14.85%. The firm had revenue of C$4.36 million during the quarter.

EcoSynthetix Trading Up 1.5 %

Shares of ECO stock opened at C$4.08 on Friday. The company has a market capitalization of C$239.86 million, a P/E ratio of -80.60 and a beta of 0.87. EcoSynthetix has a 12-month low of C$3.19 and a 12-month high of C$5.77. 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 50-day moving average price of C$4.27 and a 200 day moving average price of C$4.41.

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.