Cielo Waste Solutions (CVE:CMC) Stock Price Up 9.1% – Here’s What Happened

Shares of Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) traded up 9.1% during trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06. 135,959 shares changed hands during trading, an increase of 104% from the average session volume of 66,784 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Stock Performance

The company has a market capitalization of C$6.14 million, a price-to-earnings ratio of -0.32 and a beta of 2.82. The company has a debt-to-equity ratio of 17.99, a current ratio of 0.06 and a quick ratio of 9.95. The stock has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.11.

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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