Carbios SAS (OTCMKTS:COOSF – Get Free Report) shares traded down 1.5% during trading on Tuesday . The stock traded as low as $7.00 and last traded at $7.00. Approximately 381 shares were traded during trading, a decline of 62% from the average daily volume of 1,009 shares. The stock had previously closed at $7.11.
Carbios SAS Trading Down 1.5%
The stock’s fifty day moving average price is $7.12 and its 200-day moving average price is $8.89.
About Carbios SAS
Carbios SAS is a France‐based biotechnology company specializing in the development of enzymatic processes to recycle and biodegrade PET plastics and polyester textiles. Founded in 2011 and headquartered in Clermont-Ferrand, Carbios has pioneered industrial enzymes capable of depolymerizing post‐consumer PET into its original monomers. These monomers can then be purified and repolymerized into virgin‐quality PET, offering a circular solution to plastic waste.
The company’s core technology relies on proprietary engineered hydrolase enzymes that accelerate the breakdown of polyethylene terephthalate under mild conditions.
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