Carbios SAS (OTCMKTS:COOSF) Shares Down 24.6% – Here’s Why

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

Carbios SAS Trading Down 24.6%

The business has a fifty day moving average price of $10.87 and a 200 day moving average price of $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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