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EcoSynthetix (TSE:ECO) Shares Pass Above 200 Day Moving Average - What's Next?

EcoSynthetix logo with Basic Materials background
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EcoSynthetix Inc. (TSE:ECO - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.21 and traded as high as C$5.14. EcoSynthetix shares last traded at C$5.06, with a volume of 12,797 shares traded.

EcoSynthetix Stock Up 3.7 %

The company has a quick ratio of 12.67, a current ratio of 14.05 and a debt-to-equity ratio of 0.84. The company has a market cap of C$207.35 million, a price-to-earnings ratio of -119.33 and a beta of 0.87. The stock has a fifty day moving average price of C$4.35 and a two-hundred day moving average price of C$4.23.

About EcoSynthetix

(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.

Further Reading

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