CO2 Solutions (CVE:CST) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

CO2 Solutions Inc (CVE:CSTGet Free Report) crossed above its 50-day moving average during trading on Tuesday . 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.

CO2 Solutions Price Performance

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

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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