EcoSynthetix (TSE:ECO) Stock Price Crosses Above Two Hundred 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$4.26 and traded as high as C$4.31. EcoSynthetix shares last traded at C$4.31, with a volume of 15,300 shares traded.

EcoSynthetix Stock Up 0.2%

The company has a debt-to-equity ratio of 0.84, a quick ratio of 12.67 and a current ratio of 14.05. The firm’s 50-day moving average is C$4.10 and its 200 day moving average is C$4.26. The firm has a market capitalization of C$175.23 million, a PE ratio of -100.85 and a beta of 0.87.

EcoSynthetix Company Profile

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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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