Time to Buy Ecosynthetix Inc After Today’s Huge Decline?

 Time to Buy Ecosynthetix Inc After Today's Huge Decline?

The stock of Ecosynthetix Inc (TSE:ECO) is a huge mover today! About 31,250 shares traded hands. Ecosynthetix Inc (TSE:ECO) has risen 108.70% since March 29, 2016 and is uptrending. It has outperformed by 106.17% the S&P500.
The move comes after 7 months negative chart setup for the $130.26M company. It was reported on Nov, 2 by Barchart.com. We have $2.01 PT which if reached, will make TSE:ECO worth $14.33 million less.

More recent Ecosynthetix Inc (TSE:ECO) news were published by: Marketwired.com which released: “Matthew Gaasenbeek Disposes of Securities of EcoSynthetix Inc.” on July 19, 2016. Also Seekingalpha.com published the news titled: “EcoSynthetix: An Excellent Option For The Savvy Investor” on September 09, 2011. Prnewswire.com‘s news article titled: “EcoSynthetix Secures First Commercial Customer for DuraBindâ„¢” with publication date: September 28, 2016 was also an interesting one.

EcoSynthetix Inc. is a renewable chemicals company. The company has a market cap of $130.26 million. The Firm is engaged in the development of bio technologies as replacement solutions for synthetic, petrochemical adhesives and other related products in the United States, Europe, Middle East and Africa (EMEA), and Asia Pacific. It currently has negative earnings. Bio materials are used as inputs in industrial manufacturing for a range of end products.

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