EcoSynthetix (ECO) Scheduled to Post Quarterly Earnings on Monday

EcoSynthetix (TSE:ECO) is scheduled to release its earnings data after the market closes on Monday, November 4th.

EcoSynthetix (TSE:ECO) last announced its quarterly earnings data on Tuesday, July 30th. The company reported C($0.02) earnings per share for the quarter. EcoSynthetix had a negative net margin of 14.85% and a negative return on equity of 5.25%. The business had revenue of C$4.36 million during the quarter.

EcoSynthetix Price Performance

Shares of ECO stock opened at C$4.08 on Friday. The firm’s 50 day moving average price is C$4.27 and its two-hundred day moving average price is C$4.41. The company has a debt-to-equity ratio of 1.04, a quick ratio of 12.67 and a current ratio of 20.06. EcoSynthetix has a 52-week low of C$3.19 and a 52-week high of C$5.77. The stock has a market cap of C$239.86 million, a PE ratio of -80.60 and a beta of 0.87.

EcoSynthetix Company Profile

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.