Carbon Streaming (OTCMKTS:OFSTF) Stock Price Down 7%

Carbon Streaming Co. (OTCMKTS:OFSTFGet Rating)’s stock price fell 7% on Tuesday . The company traded as low as $2.65 and last traded at $2.65. 15,686 shares changed hands during trading, a decline of 54% from the average session volume of 34,000 shares. The stock had previously closed at $2.85.

Wall Street Analyst Weigh In

A number of research firms have weighed in on OFSTF. National Bank Financial began coverage on Carbon Streaming in a research report on Wednesday, July 6th. They set an “outperform” rating for the company. Raymond James dropped their price objective on Carbon Streaming from C$15.50 to C$10.00 in a research note on Wednesday, July 27th.

Carbon Streaming Price Performance

The company has a market capitalization of $124.06 million, a P/E ratio of -1.04 and a beta of -88.73. The firm has a fifty day simple moving average of $2.98.

Carbon Streaming Company Profile

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Carbon Streaming Corporation operates as an environmental, social, and governance principled investment vehicle that provides investors with exposure to carbon credits. The company focuses on acquiring, managing, and growing a diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly, or indirectly with voluntary and/or compliance carbon credits.

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