Carbon Streaming (OTCMKTS:OFSTF) Stock Price Down 2.2% – Here’s Why

Carbon Streaming Corporation (OTCMKTS:OFSTF) traded down 2.2% during trading on Friday . The company traded as low as $0.6041 and last traded at $0.6041. 1,285 shares were traded during trading, a decline of 85% from the average session volume of 8,842 shares. The stock had previously closed at $0.6180.

Carbon Streaming Stock Down 2.2%

The business has a 50-day simple moving average of $0.60 and a 200-day simple moving average of $0.55. The stock has a market cap of $29.64 million, a P/E ratio of -1.73 and a beta of 0.29.

Carbon Streaming (OTCMKTS:OFSTF) last posted its quarterly earnings data 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%.

Carbon Streaming Company Profile

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.