Ecosynthetix (TSE:ECO) will announce its earnings results after the market closes on Tuesday, November 6th.
Ecosynthetix (TSE:ECO) last announced its earnings results on Friday, August 3rd. The company reported C($0.01) earnings per share (EPS) for the quarter. Ecosynthetix had a negative net margin of 30.38% and a negative return on equity of 9.09%. The business had revenue of C$7.48 million during the quarter.
Shares of ECO traded down C$0.02 during trading on Tuesday, reaching C$1.78. The company’s stock had a trading volume of 100 shares, compared to its average volume of 41,572. Ecosynthetix has a twelve month low of C$1.52 and a twelve month high of C$2.58.
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 in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers EcoMer biomonomer for use in pressure sensitive adhesives, ink, toner resins, and paints; EcoSphere biolatex used as coating binder for paper and paperboard; EcoStix, a family of pressure-sensitive adhesives, which include customizable resin grades and formulated grades; and DuraBind engineered biopolymers enable manufacturers of particle board, MDF, veneers, and laminates to decrease the amount of highly regulated chemicals, such as formaldehyde in their formulation.
Further Reading: Liquidity
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