EcoSynthetix (OTC:ECSNF) Shares Up 3.4% – Time to Buy?

EcoSynthetix Inc. (OTC:ECSNFGet Free Report) rose 3.4% on Friday . The company traded as high as $2.89 and last traded at $2.89. Approximately 100 shares changed hands during mid-day trading, a decline of 89% from the average daily volume of 925 shares. The stock had previously closed at $2.7950.

EcoSynthetix Price Performance

The business has a 50-day simple moving average of $2.89 and a 200 day simple moving average of $3.02.

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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