EcoSynthetix (TSE:ECO) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

EcoSynthetix Inc. (TSE:ECOGet Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$4.21 and traded as high as C$4.23. EcoSynthetix shares last traded at C$4.07, with a volume of 8,504 shares traded.

EcoSynthetix Stock Performance

The company has a current ratio of 20.06, a quick ratio of 12.67 and a debt-to-equity ratio of 1.04. The company’s 50 day moving average is C$4.10 and its 200-day moving average is C$4.21. The company has a market capitalization of C$239.28 million, a P/E ratio of -81.40 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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