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1 Comment
EcoSynthetix Inc is currently in a long term uptrend where the price is trading 31.4% above its 200 day moving average.
From a valuation standpoint, the stock is 96.8% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 15.5.
EcoSynthetix Inc's total revenue sank by 24.0% to $3M since the same quarter in the previous year.
Its net income has dropped by 20.1% to $-706K since the same quarter in the previous year.
Finally, its free cash flow fell by 4011.0% to $-504K since the same quarter in the previous year.
Based on the above factors, EcoSynthetix Inc gets an overall score of 2/5.
Exchange | TO |
---|---|
CurrencyCode | CAD |
Industry | Specialty Chemicals |
ISIN | CA27923D1087 |
Sector | Basic Materials |
Beta | 0.47 |
---|---|
Market Cap | 249M |
PE Ratio | None |
Target Price | 8.39 |
Dividend Yield | None |
EcoSynthetix Inc., a renewable chemicals company, develops and commercializes bio-based technologies that are used as replacement solutions for synthetic, petrochemical-based chemicals, and other related products in the Americas, Europe, the Middle East, Africa, and Asia Pacific. 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. It also provides Surflock biopolymers, which are used in paper-based applications, such as paperboard, tissue, and pulp; and Bioform biopolymers for use in hair gel formulations, serving to hold, style, and protect. EcoSynthetix Inc. was founded in 1996 and is headquartered in Burlington, Canada.
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