EcoSynthetix Inc. (TSE:ECO – Get Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$4.18 and traded as high as C$4.86. EcoSynthetix shares last traded at C$4.73, with a volume of 138,513 shares changing hands.
EcoSynthetix Trading Up 6.3 %
The business’s 50 day simple moving average is C$4.15 and its 200-day simple moving average is C$4.18. The company has a debt-to-equity ratio of 1.04, a current ratio of 20.06 and a quick ratio of 12.67. The stock has a market capitalization of C$278.08 million, a P/E ratio of -94.60 and a beta of 0.87.
About EcoSynthetix
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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