Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports.
Carbon Streaming Price Performance
Carbon Streaming stock opened at $0.69 on Tuesday. The stock has a market cap of $34.10 million, a price-to-earnings ratio of -17.38 and a beta of 0.96. Carbon Streaming has a 1 year low of $0.50 and a 1 year high of $0.79. The firm has a 50-day moving average of $0.70 and a two-hundred day moving average of $0.67.
About Carbon Streaming
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 Stories
- 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.
