Carbios SAS (OTCMKTS:COOSF) Stock Price Up 5% – Here’s Why

Carbios SAS (OTCMKTS:COOSFGet Free Report)’s share price was up 5% on Tuesday . The stock traded as high as $9.39 and last traded at $9.39. Approximately 300 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 953 shares. The stock had previously closed at $8.94.

Carbios SAS Stock Performance

The firm’s 50-day simple moving average is $7.37 and its two-hundred day simple moving average is $7.19.

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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