Carbios SAS (OTCMKTS:COOSF) Stock Price Down 24.6% – Here’s What Happened

Carbios SAS (OTCMKTS:COOSFGet Free Report)’s share price traded down 24.6% during trading on Thursday . The stock traded as low as $11.19 and last traded at $11.99. 5,364 shares changed hands during mid-day trading, an increase of 535% from the average session volume of 845 shares. The stock had previously closed at $15.90.

Carbios SAS Price Performance

The stock’s fifty day simple moving average is $10.87 and its two-hundred day simple moving average is $10.09.

Carbios SAS Company Profile

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Carbios SAS, a green chemistry company, researches and develops industrial bioprocesses for the biodegradation and bio recycling of polymers. The company engages in the production of EVANESTO, an enzymatic additive for plastic applications and polylactic acid (PLA) packaging; and enzymatic recycling of polyethylene terephthalate (PET).

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