EcoSynthetix (OTCMKTS:ECSNF) Stock Jumps 2.5% – Here’s Why

Shares of EcoSynthetix Inc. (OTCMKTS:ECSNF – Get Free Report) traded up 2.5% during mid-day trading on Thursday. The stock traded as high as $1.24 and last traded at $1.24. Approximately 100 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 802 shares. The stock had previously closed at $1.21.

EcoSynthetix Stock Performance

The firm has a 50 day simple moving average of $1.44 and a 200 day simple moving average of $1.94.

EcoSynthetix Company Profile

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EcoSynthetix Inc is a Canadian materials technology company that develops bio-based performance materials designed to replace petroleum-derived chemicals in industrial applications. Its technologies use renewable resources, including plant-based materials, to produce polymers and binders with reduced environmental impact.

The company’s principal product platform, EcoSphere®, is a water-based, bio-based latex binder used in applications such as paper and paperboard coatings, adhesives, nonwoven materials, and other specialty products.

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