EcoSynthetix Inc. (TSE:ECO – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as C$3.30 and last traded at C$3.32, with a volume of 8549 shares. The stock had previously closed at C$3.38.
EcoSynthetix Price Performance
The stock’s 50-day moving average is C$3.89 and its 200 day moving average is C$4.11. The company has a debt-to-equity ratio of 5.69, a quick ratio of 12.67 and a current ratio of 15.62. The stock has a market capitalization of C$193.73 million, a PE ratio of -328.00 and a beta of 0.49.
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. Its products include EcoSphere biolatex and DuraBindTM biopolymers. EcoSphere biolatex binders are used by manufacturers within the coated paper and paperboard industry, whereas the DuraBindTM is used in the production of wood composite panels.
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.
