CO2 Solutions (CVE:CST) Shares Pass Below 50-Day Moving Average – What’s Next?

CO2 Solutions Inc (CVE:CST) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-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 trading hands.

CO2 Solutions Trading Down 11.1%

The stock’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.04. The stock has a market capitalization of C$6.39 million and a P/E ratio of -0.85.

About CO2 Solutions

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. It has a collaboration agreement with Hatch Ltd.