CO2 Solutions (CVE:CST) Shares Cross Above Fifty Day Moving Average – Here’s Why

by · The Markets Daily

CO2 Solutions Inc (CVE:CST – Get Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.04 and traded as high as C$0.05. CO2 Solutions shares last traded at C$0.04, with a volume of 37,000 shares changing hands.

CO2 Solutions Price Performance

The stock has a market cap of C$6.39 million and a price-to-earnings ratio of -0.85. The stock’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.04.

CO2 Solutions Company Profile

(Get Free Report)

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.

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