HC Wainwright Initiates Coverage on Aquafil (OTCMKTS:ECNLF)

HC Wainwright began coverage on shares of Aquafil (OTCMKTS:ECNLF) in a report published on Monday morning, FlyOnTheWall reports. The firm issued a buy rating on the stock.

Aquafil Stock Performance

Shares of OTCMKTS ECNLF opened at $4.22 on Monday. Aquafil has a fifty-two week low of $5.15 and a fifty-two week high of $6.35.

Aquafil Company Profile

Aquafil S.p.A., together with its subsidiaries, engages in the production, reprocessing, and sale of polyamide 6 fibers and polymers in Europe, the United States, and Asia. The company offers bulk continuous filament or synthetic yarns for the textile flooring sector, as well as used in hotels, airports, offices, etc., and residential buildings and the automotive market; nylon textile filaments for sportswear, classic, and technical or specialist apparels; and polymers products or plastic raw materials primarily for engineering plastics sector for use in molding industry, as well as manufactures and sells polymers for use in plastic-molded accessories in the fashion and designer furniture industries.