EcoSynthetix Inc. (TSE:ECO – Get Free Report) Director Jeffrey Nodland bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, September 18th. The shares were bought at an average cost of C$2.04 per share, for a total transaction of C$20,400.00. Following the completion of the purchase, the director owned 51,000 shares of the company’s stock, valued at C$104,040. This represents a 24.39% increase in their ownership of the stock.
EcoSynthetix Stock Down 3.0%
TSE:ECO traded down C$0.06 during trading hours on Monday, reaching C$1.97. The company had a trading volume of 5,367 shares, compared to its average volume of 23,865. EcoSynthetix Inc. has a twelve month low of C$1.90 and a twelve month high of C$5.02. The company has a quick ratio of 12.67, a current ratio of 23.15 and a debt-to-equity ratio of 5.06. The firm has a market cap of C$115.81 million, a price-to-earnings ratio of -98.50 and a beta of 0.70. The business’s 50-day simple moving average is C$2.44 and its two-hundred day simple moving average is C$2.97.
EcoSynthetix (TSE:ECO – Get Free Report) last released its quarterly earnings data on Tuesday, July 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$6.45 million for the quarter. EcoSynthetix had a negative return on equity of 2.47% and a negative net margin of 4.72%. On average, equities analysts expect that EcoSynthetix Inc. will post 0.18 earnings per share for the current year.
About EcoSynthetix
EcoSynthetix offers a range of sustainable engineered biopolymers that allow customers to reduce their use of harmful materials, such as formaldehyde and styrene-based chemicals. The Company’s flagship products, DuraBind¿, Surflock¿, Bioform¿ and EcoSphere®, are used to manufacture wood composites, personal care, paper, tissue and packaging products, and enable performance improvements, economic benefits and carbon footprint reduction. The Company is publicly traded on the Toronto Stock Exchange (T:ECO).
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