EcoSynthetix (OTC:ECSNF) Stock Price Up 1.8% – Here’s Why

EcoSynthetix Inc. (OTC:ECSNFGet Free Report)’s stock price shot up 1.8% during trading on Thursday . The company traded as high as $2.89 and last traded at $2.85. 1,100 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 1,167 shares. The stock had previously closed at $2.80.

EcoSynthetix Price Performance

The stock’s 50-day simple moving average is $2.94 and its two-hundred day simple moving average is $3.05.

About EcoSynthetix

(Get Free Report)

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.

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