Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) released its earnings results on Monday. The company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports.
Carbon Streaming Price Performance
OTCMKTS OFSTF remained flat at $0.69 during trading hours on Monday. The company had a trading volume of 2,552 shares, compared to its average volume of 10,189. Carbon Streaming has a one year low of $0.50 and a one year high of $0.79. The stock has a market cap of $34.10 million, a P/E ratio of -17.38 and a beta of 0.96. The business’s 50-day moving average is $0.69 and its 200-day moving average is $0.67.
Carbon Streaming Company Profile
Carbon Streaming Corp. is a carbon finance company that provides upfront capital to developers of carbon reduction and removal projects. In exchange, the company seeks rights to a portion of the carbon credits generated by those projects over time, typically through streaming and royalty agreements.
The company’s activities have included financing projects across areas such as reforestation, forest conservation, improved agricultural practices, and other carbon removal or emissions-reduction technologies.
Featured Articles
- Five stocks we like better than Carbon Streaming
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
Receive News & Ratings for Carbon Streaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carbon Streaming and related companies with MarketBeat.com's FREE daily email newsletter.
