Carbon Streaming (OTCMKTS:OFSTF) Shares Down 2.8% – Should You Sell?

Carbon Streaming Co. (OTCMKTS:OFSTF)’s stock price was down 2.8% during trading on Wednesday . The stock traded as low as $0.33 and last traded at $0.35. Approximately 98,296 shares traded hands during trading, an increase of 372% from the average daily volume of 20,839 shares. The stock had previously closed at $0.36.

Carbon Streaming Stock Performance

The stock’s fifty day simple moving average is $0.43 and its two-hundred day simple moving average is $0.51. The stock has a market capitalization of $18.39 million, a P/E ratio of -0.24 and a beta of -65.98.

Carbon Streaming (OTCMKTS:OFSTF) last issued its quarterly earnings data on Monday, August 12th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $0.05 million during the quarter. Carbon Streaming had a negative return on equity of 7.11% and a negative net margin of 3,890.26%.

Carbon Streaming Company Profile

Carbon Streaming Corporation a carbon credit streaming and royalty company focused on creating shareholder value primarily through the acquisition and sale of carbon credits. It provides capital to carbon projects globally, primarily by entering into or acquiring streaming, royalty or royalty-like arrangements for the purchase of carbon credits.