Carbon Streaming (OTCMKTS:OFSTF) Shares Down 2.8% – Here’s Why

Carbon Streaming Co. (OTCMKTS:OFSTFGet Free Report)’s stock price dropped 2.8% during mid-day trading on Wednesday . The company 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 business’s 50 day moving average is $0.42 and its 200-day moving average is $0.51. The stock has a market cap of $18.39 million, a price-to-earnings ratio of -0.28 and a beta of -65.98.

Carbon Streaming (OTCMKTS:OFSTFGet Free Report) last posted its quarterly earnings data on Monday, August 12th. The company reported ($0.03) EPS for the quarter. The firm had revenue of $0.05 million for the quarter. Carbon Streaming had a negative return on equity of 7.11% and a negative net margin of 3,890.26%.

About Carbon Streaming

(Get Free Report)

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.

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