Carbon Streaming (OTCMKTS:OFSTF) Stock Price Down 1.7% – What’s Next?

Shares of Carbon Streaming Corporation (OTCMKTS:OFSTF) dropped 1.7% during mid-day trading on Wednesday . The company traded as low as $0.59 and last traded at $0.59. Approximately 2,773 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 12,078 shares. The stock had previously closed at $0.60.

Carbon Streaming Trading Down 1.7%

The business’s fifty day simple moving average is $0.56 and its 200 day simple moving average is $0.50. The stock has a market cap of $28.87 million, a price-to-earnings ratio of -1.69 and a beta of -78.23.

Carbon Streaming (OTCMKTS:OFSTF) last posted its quarterly earnings results on Monday, November 10th. The company reported ($0.02) earnings per share (EPS) for the quarter. Carbon Streaming had a negative return on equity of 4.10% and a negative net margin of 24,852.70%.

About Carbon Streaming

Carbon Streaming Corporation is a Vancouver, British Columbia–based company that specializes in providing upfront financing to carbon credit–generating projects worldwide. Founded in 2019, the company structures long‐term carbon streaming agreements whereby it purchases a fixed portion of carbon credits produced by a given project in exchange for early capital support. These credits can then be sold to corporate and institutional buyers aiming to offset their greenhouse gas emissions.

The company’s portfolio spans a diverse array of nature‐based and clean‐energy initiatives.