EcoSynthetix Inc. (ECO.TO) (TSE:ECO) Senior Officer Robert Martin Haire Sells 150,000 Shares

EcoSynthetix Inc. (ECO.TO) (TSE:ECO) Senior Officer Robert Martin Haire sold 150,000 shares of EcoSynthetix Inc. (ECO.TO) stock in a transaction that occurred on Thursday, December 31st. The stock was sold at an average price of C$3.65, for a total transaction of C$547,500.00. Following the transaction, the insider now directly owns 90,189 shares in the company, valued at approximately C$329,189.85.

Robert Martin Haire also recently made the following trade(s):

  • On Tuesday, December 29th, Robert Martin Haire sold 19,224 shares of EcoSynthetix Inc. (ECO.TO) stock. The stock was sold at an average price of C$3.46, for a total transaction of C$66,515.04.
  • On Monday, November 9th, Robert Martin Haire sold 175,000 shares of EcoSynthetix Inc. (ECO.TO) stock. The stock was sold at an average price of C$3.02, for a total transaction of C$528,500.00.

EcoSynthetix Inc. (ECO.TO) stock opened at C$3.69 on Friday. The company’s 50 day simple moving average is C$3.09 and its 200 day simple moving average is C$2.56. EcoSynthetix Inc. has a fifty-two week low of C$1.46 and a fifty-two week high of C$3.91. The firm has a market capitalization of C$209.75 million and a price-to-earnings ratio of -92.25. The company has a debt-to-equity ratio of 2.64, a current ratio of 37.13 and a quick ratio of 35.08.

EcoSynthetix Inc. (ECO.TO) (TSE:ECO) last released its quarterly earnings data on Wednesday, November 4th. The company reported C($0.02) earnings per share for the quarter. The company had revenue of C$3.99 million for the quarter. As a group, analysts predict that EcoSynthetix Inc. will post -0.02 EPS for the current fiscal year.

About EcoSynthetix Inc. (ECO.TO)

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, a bio-based latex binder used in paper and paperboard coatings; EcoStix, a family of pressure-sensitive adhesives, which include customizable resin grades and formulated grades; and DuraBind engineered biopolymers that enable manufacturers of building products, such as wood composites to decrease the amount of highly regulated chemicals, including formaldehyde and methyl diphenyl diisocyanate in their formulation.

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