EcoSynthetix (OTC:ECSNF) Trading Down 15.2% – Here’s Why

Shares of EcoSynthetix Inc. (OTC:ECSNFGet 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

(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.

Read More

Receive News & Ratings for EcoSynthetix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EcoSynthetix and related companies with MarketBeat.com's FREE daily email newsletter.