CO2 Solutions (CVE:CST) Stock Price Passes Above 50 Day Moving Average – Should You Sell?

Shares of CO2 Solutions Inc (CVE:CSTGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.04 and traded as high as C$0.05. CO2 Solutions shares last traded at C$0.04, with a volume of 37,000 shares changing hands.

CO2 Solutions Price Performance

The company’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.04. The firm has a market capitalization of C$6.39 million and a P/E ratio of -0.85.

About CO2 Solutions

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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.

Further Reading

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