CO2 Solutions (CVE:CST) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

CO2 Solutions Inc (CVE:CST)’s share price crossed above its 50-day moving average during trading on Thursday . 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.

CO2 Solutions Price Performance

The business has a 50-day moving average of C$0.04 and a two-hundred day moving average of C$0.04. The company has a market cap of C$6.39 million and a P/E ratio of -0.85.

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.