Carbon Streaming (OTCMKTS:OFSTF) Stock Price Down 1.7% – Here’s What Happened

Carbon Streaming Corporation (OTCMKTS:OFSTFGet Free Report)’s stock price dropped 1.7% on Monday . The company traded as low as $0.6581 and last traded at $0.6602. Approximately 1,555 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 13,582 shares. The stock had previously closed at $0.6716.

Carbon Streaming Stock Down 1.7%

The stock has a market capitalization of $32.39 million, a PE ratio of -1.89 and a beta of 0.33. The business’s fifty day moving average is $0.62 and its 200-day moving average is $0.57.

About Carbon Streaming

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Carbon Streaming Corporation is a Vancouver, British Columbia–based company that specializes in providing upfront financing to carbon credit–generating projects worldwide. Founded in 2019, the company structures long‐term carbon streaming agreements whereby it purchases a fixed portion of carbon credits produced by a given project in exchange for early capital support. These credits can then be sold to corporate and institutional buyers aiming to offset their greenhouse gas emissions.

The company’s portfolio spans a diverse array of nature‐based and clean‐energy initiatives.

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