CO2 Solutions (CVE:CST) Shares Pass Below 200-Day Moving Average – Here’s What Happened

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

CO2 Solutions Stock Down 11.1%

The company has a market capitalization of C$6.39 million and a P/E ratio of -0.85. The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.04.

CO2 Solutions Company Profile

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.