CO2 Solutions (CVE:CST) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Shares of CO2 Solutions Inc (CVE:CSTGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-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 changing hands.

CO2 Solutions Trading Down 11.1 %

The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average 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

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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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