Ecosynthetix Stock Today

ECO Stock  CAD 4.60  0.17  3.84%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 51

 
High
 
Low
Average
EcoSynthetix is selling at 4.60 as of the 7th of October 2024; that is 3.84 percent increase since the beginning of the trading day. The stock's open price was 4.43. EcoSynthetix has 51 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for EcoSynthetix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2024 and ending today, the 7th of October 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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 has 58.79 M outstanding shares of which 432.65 K shares are currently shorted by private and institutional investors with about 17.12 days to cover all short positions. More on EcoSynthetix

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EcoSynthetix Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. EcoSynthetix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding EcoSynthetix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO and DirectorJeffrey MacDonald
Business ConcentrationSpecialty Chemicals, Basic Materials, Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors)
EcoSynthetix's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to EcoSynthetix's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
EcoSynthetix can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand EcoSynthetix's financial leverage. It provides some insight into what part of EcoSynthetix's total assets is financed by creditors.
Liquidity
EcoSynthetix cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. EcoSynthetix has accumulated 584.36 K in total debt with debt to equity ratio (D/E) of 2.7, implying the company greatly relies on financing operations through barrowing. EcoSynthetix has a current ratio of 29.92, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist EcoSynthetix until it has trouble settling it off, either with new capital or with free cash flow. So, EcoSynthetix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EcoSynthetix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EcoSynthetix to invest in growth at high rates of return. When we think about EcoSynthetix's use of debt, we should always consider it together with cash and equity.

Other Cashflows From Financing Activities

409,571
EcoSynthetix (ECO) is traded on Toronto Exchange in Canada and employs 25 people. EcoSynthetix is listed under Specialty Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 270.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate EcoSynthetix's market, we take the total number of its shares issued and multiply it by EcoSynthetix's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. EcoSynthetix operates under Chemicals sector and is part of Materials industry. The entity has 58.79 M outstanding shares of which 432.65 K shares are currently shorted by private and institutional investors with about 17.12 days to cover all short positions. EcoSynthetix has accumulated about 44.59 M in cash with 316.99 K of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76.
Check EcoSynthetix Probability Of Bankruptcy
Ownership Allocation
EcoSynthetix holds a total of 58.79 Million outstanding shares. EcoSynthetix shows 14.45 percent of its outstanding shares held by insiders and 16.24 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check EcoSynthetix Ownership Details

EcoSynthetix Risk Profiles

Although EcoSynthetix's alpha and beta are two of the key measurements used to evaluate EcoSynthetix's performance over the market, the standard measures of volatility play an important role as well.

EcoSynthetix Stock Against Markets

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EcoSynthetix Corporate Executives

Elected by the shareholders, the EcoSynthetix's board of directors comprises two types of representatives: EcoSynthetix inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EcoSynthetix. The board's role is to monitor EcoSynthetix's management team and ensure that shareholders' interests are well served. EcoSynthetix's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EcoSynthetix's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert HaireCFO, Corporate SecretaryProfile

Other Information on Investing in EcoSynthetix Stock

EcoSynthetix financial ratios help investors to determine whether EcoSynthetix Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EcoSynthetix with respect to the benefits of owning EcoSynthetix security.