Carbon Streaming (OTCMKTS:OFSTF) Trading Down 7%

Carbon Streaming Co. (OTCMKTS:OFSTFGet Rating) shares were down 7% during mid-day trading on Tuesday . The stock traded as low as $2.65 and last traded at $2.65. Approximately 15,686 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 34,000 shares. The stock had previously closed at $2.85.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on OFSTF. National Bank Financial began coverage on Carbon Streaming in a research note on Wednesday, July 6th. They set an “outperform” rating on the stock. Raymond James decreased their price objective on Carbon Streaming from C$15.50 to C$10.00 in a research note on Wednesday, July 27th.

Carbon Streaming Price Performance

The company has a market cap of $124.06 million, a P/E ratio of -1.04 and a beta of -88.73. The company’s 50 day simple moving average is $2.98.

Carbon Streaming Company Profile

(Get Rating)

Carbon Streaming Corporation operates as an environmental, social, and governance principled investment vehicle that provides investors with exposure to carbon credits. The company focuses on acquiring, managing, and growing a diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly, or indirectly with voluntary and/or compliance carbon credits.

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