Cielo Waste Solutions (CVE:CMC) Stock Price Up 5% – Time to Buy?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares were up 5% on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 107,710 shares changed hands during trading, an increase of 18% from the average daily volume of 91,249 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Price Performance

The firm has a market capitalization of C$12.57 million, a price-to-earnings ratio of -1.75 and a beta of 2.82. The company has a quick ratio of 9.95, a current ratio of 0.10 and a debt-to-equity ratio of 11.10. The company’s fifty day moving average is C$0.10 and its two-hundred day moving average is C$0.14.

Cielo Waste Solutions Company Profile

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Cielo Waste Solutions Corp. operates as a waste-to-fuel environmental technology company in Canada. It converts and transforms waste feedstocks, including organic material and wood derivative waste into fuel, such as diesel, naphtha, and kerosene. The company was formerly known as Cielo Gold Corp. and changed its name to Cielo Waste Solutions Corp.

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