Shares of EcoSynthetix Inc. (OTC:ECSNF – Get Free Report) fell 15.2% during trading on Thursday . The company traded as low as $3.0120 and last traded at $3.0120. 800 shares traded hands during mid-day trading, an increase of 23% from the average session volume of 653 shares. The stock had previously closed at $3.55.
EcoSynthetix Stock Performance
The firm’s 50-day simple moving average is $3.17 and its two-hundred day simple moving average is $3.05.
About EcoSynthetix
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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