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

CO2 Solutions Inc (CVE:CSTGet Free Report) shares crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-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 P/E ratio of -0.85. The firm’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.

About CO2 Solutions

(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.

Further Reading

Receive News & Ratings for CO2 Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CO2 Solutions and related companies with MarketBeat.com's FREE daily email newsletter.