EcoSynthetix (OTC:ECSNF) Trading Up 5.8% – What’s Next?

EcoSynthetix Inc. (OTC:ECSNFGet Free Report)’s stock price rose 5.8% during trading on Wednesday . The company traded as high as $3.09 and last traded at $3.09. Approximately 100 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 767 shares. The stock had previously closed at $2.92.

EcoSynthetix Stock Performance

The company’s 50-day moving average price is $3.47 and its two-hundred day moving average price is $3.40.

About EcoSynthetix

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EcoSynthetix Inc, a renewable chemicals company, develops and commercializes bio-based technologies that are used as replacement solutions for synthetic, petrochemical-based adhesives, and other related products worldwide. The company offers EcoMer biomonomer for use in pressure sensitive adhesives, ink, toner resins, and paints; EcoSphere biolatex, a bio-based latex binder used in paper and paperboard industry; EcoStix, a family of sugar-acrylic and pressure-sensitive adhesives, which include customizable resin grades and formulated grades; and DuraBind engineered biopolymers that enable manufacturers of particle board, MDF, and OSB to decrease the amount of highly regulated chemicals, such as formaldehyde in their formulation.

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