EcoSynthetix (TSE:ECO) Stock Price Passes Above 200-Day Moving Average – What’s Next?

EcoSynthetix Inc. (TSE:ECOGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.17 and traded as high as C$4.30. EcoSynthetix shares last traded at C$4.30, with a volume of 18,100 shares.

EcoSynthetix Stock Performance

The company has a market cap of C$252.38 million, a P/E ratio of -430.00 and a beta of 0.20. The firm has a 50 day moving average of C$4.27 and a 200-day moving average of C$4.17. The company has a quick ratio of 12.67, a current ratio of 14.05 and a debt-to-equity ratio of 0.84.

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.

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