CO2 Solutions (CVE:CST) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of CO2 Solutions Inc (CVE:CST) passed above its 50-day moving average during trading on Friday . 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 trading hands.

CO2 Solutions Stock Down 11.1 %

The firm has a market capitalization of C$6.39 million and a PE ratio of -0.85. The firm’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04.

CO2 Solutions Company Profile

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.