EcoSynthetix (TSE:ECO) Share Price Passes Above 200 Day Moving Average – Here’s What Happened

EcoSynthetix Inc. (TSE:ECOGet Free Report)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$4.23 and traded as high as C$4.30. EcoSynthetix shares last traded at C$4.23, with a volume of 4,866 shares.

EcoSynthetix Price Performance

The firm has a market capitalization of C$248.68 million, a P/E ratio of -84.60 and a beta of 0.87. The company has a fifty day moving average of C$4.09 and a 200 day moving average of C$4.23. The company has a debt-to-equity ratio of 1.04, a current ratio of 20.06 and a quick ratio of 12.67.

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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