CO2 Solutions Inc (CVE:CST – Get Free Report)’s stock price crossed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of C$0.04 and traded as low as C$0.04. CO2 Solutions shares last traded at C$0.04, with a volume of 37,000 shares.
CO2 Solutions Stock Down 11.1%
The company’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.04. The firm has a market cap of C$6.39 million and a price-to-earnings ratio of -0.85.
About CO2 Solutions
CO2 Solutions Inc develops proprietary technologies for the capture and production of carbon dioxide (CO2) in Canada, the United States, and Europe. It focuses on commercializing an enzyme-based technology for efficient CO2 capture from various industrial flue gasses for reuse or sequestration. The company's technology has various industrial applications, such as enhanced oil recovery, oil and gas, pulp and paper, water treatment, cement, beverage carbonation, greenhouses, and other uses. It has a collaboration agreement with Hatch Ltd.
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