EcoSynthetix (TSE:ECO) Share Price Passes Above 200-Day Moving Average – Time to Sell?

EcoSynthetix Inc. (TSE:ECOGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.25 and traded as high as C$5.05. EcoSynthetix shares last traded at C$4.99, with a volume of 10,104 shares changing hands.

EcoSynthetix Trading Down 0.2 %

The stock has a market capitalization of C$202.88 million, a price-to-earnings ratio of -116.76 and a beta of 0.87. The company has a debt-to-equity ratio of 0.84, a quick ratio of 12.67 and a current ratio of 14.05. The business has a 50-day moving average of C$4.40 and a 200-day moving average of C$4.25.

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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