Cereplast (OTCMKTS:CERPQ) Stock Passes Above Two Hundred Day Moving Average of $0.02

Cereplast Inc (OTCMKTS:CERPQ) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.02 and traded as high as $0.02. Cereplast shares last traded at $0.02, with a volume of 202,132 shares trading hands.

The business’s 50-day simple moving average is $0.02 and its 200 day simple moving average is $0.02.

About Cereplast (OTCMKTS:CERPQ)

Cereplast, Inc develops and commercializes bio-based resins. It provides Cereplast Compostables resins, which are compostable, bio-based, and ecologically sound substitutes for petroleum-based plastics targeting compostable bags, single-use food service products, and packaging applications. The company also offers Cereplast Sustainables resins, including Cereplast Hybrid resins that replace up to 55% of the petroleum content in conventional plastics with bio-based materials, such as industrial starches sourced from plants that are used in automotive, consumer goods, consumer electronics, medical, packaging, and construction markets; and Cereplast Algae Plastic resins, which transforms algae into bioplastics.

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