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EcoSynthetix (ECO) Scheduled to Post Quarterly Earnings on Monday

EcoSynthetix logo with Basic Materials background

EcoSynthetix (TSE:ECO - Get Free Report) will be releasing its earnings data after the market closes on Monday, November 4th.

EcoSynthetix (TSE:ECO - Get Free Report) last issued its earnings results on Tuesday, July 30th. The company reported C($0.02) EPS for the quarter. The business had revenue of C$4.36 million during the quarter. EcoSynthetix had a negative return on equity of 5.25% and a negative net margin of 14.85%.

EcoSynthetix Stock Up 0.7 %

TSE:ECO traded up C$0.03 during trading hours on Monday, hitting C$4.32. 8,315 shares of the company's stock traded hands, compared to its average volume of 70,309. The stock's fifty day moving average price is C$4.26 and its two-hundred day moving average price is C$4.43. The firm has a market cap of C$253.97 million, a P/E ratio of -85.80 and a beta of 0.87. The company has a debt-to-equity ratio of 1.04, a quick ratio of 12.67 and a current ratio of 20.06. EcoSynthetix has a twelve month low of C$2.96 and a twelve month high of C$5.77.

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.

Further Reading

Earnings History for EcoSynthetix (TSE:ECO)

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