Carbios SAS (OTCMKTS:COOSF) Shares Up 4.7% – Here’s Why

Carbios SAS (OTCMKTS:COOSFGet Free Report)’s share price rose 4.7% during mid-day trading on Thursday . The company traded as high as $6.95 and last traded at $6.95. Approximately 200 shares traded hands during trading, a decline of 80% from the average daily volume of 1,000 shares. The stock had previously closed at $6.64.

Carbios SAS Trading Up 4.7 %

The firm’s 50-day moving average price is $6.73 and its 200 day moving average price is $8.17.

About Carbios SAS

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Carbios SAS, a green chemistry company, researches and develops industrial bioprocesses for the biodegradation and bio recycling of polymers. The company engages in the production of EVANESTO, an enzymatic additive for plastic applications and polylactic acid (PLA) packaging; and enzymatic recycling of polyethylene terephthalate (PET).

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