Aker Carbon Capture ASA (OTCMKTS:AKCCF) Shares Down 54.5% – Here’s What Happened

Aker Carbon Capture ASA (OTCMKTS:AKCCF) traded down 54.5% during mid-day trading on Monday . The company traded as low as $0.26 and last traded at $0.32. 165,434 shares changed hands during trading, an increase of 440% from the average session volume of 30,652 shares. The stock had previously closed at $0.70.

Aker Carbon Capture ASA Trading Down 54.5 %

The stock has a fifty day simple moving average of $0.59 and a 200-day simple moving average of $0.57.

Aker Carbon Capture ASA Company Profile

Aker Carbon Capture ASA provides products, technology, and solutions within the field of carbon capture technologies, utilization, and storage in Norway and internationally. The company’s carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2 that can be applied on emissions from various sources, including gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries.