EcoSynthetix (OTCMKTS:ECSNF) Shares Up 8.2% – Here’s Why

by · The Markets Daily

EcoSynthetix Inc. (OTCMKTS:ECSNF – Get Free Report) traded up 8.2% during trading on Tuesday. The stock traded as high as $1.33 and last traded at $1.32. Approximately 200 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 855 shares. The stock had previously closed at $1.22.

EcoSynthetix Stock Up 8.2%

The firm’s 50 day simple moving average is $1.66 and its 200 day simple moving average is $2.10.

EcoSynthetix Company Profile

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EcoSynthetix Inc is a Canadian biomaterials company that develops renewable, bio-based alternatives to petroleum-derived chemicals used in industrial and consumer products. Its technologies are designed to help manufacturers reduce reliance on fossil-based materials while maintaining the performance required in applications such as paper, packaging, adhesives, coatings and construction products.

The company’s product portfolio has included plant-based polymer and binder technologies marketed under names such as EcoSphere and DuraBind.

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