EcoSynthetix (ECO) to Release Earnings on Monday

EcoSynthetix (TSE:ECO) will post its quarterly earnings results after the market closes on Monday, May 6th.

EcoSynthetix (TSE:ECO) last posted its quarterly earnings data on Tuesday, February 27th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$3.87 million for the quarter. EcoSynthetix had a negative return on equity of 6.56% and a negative net margin of 22.28%.

EcoSynthetix Stock Performance

TSE:ECO opened at C$4.66 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 12.67 and a current ratio of 24.00. The stock has a market capitalization of C$273.12 million, a P/E ratio of -66.57 and a beta of 0.88. The company has a 50 day moving average price of C$4.83 and a 200 day moving average price of C$4.29. EcoSynthetix has a fifty-two week low of C$2.46 and a fifty-two week high of C$5.77.

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.