Cielo Waste Solutions (CVE:CMC) Stock Price Up 33.3% – Time to Buy?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares traded up 33.3% during mid-day trading on Friday . The company traded as high as C$0.10 and last traded at C$0.08. 422,515 shares changed hands during mid-day trading, an increase of 459% from the average session volume of 75,623 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Stock Performance

The company has a debt-to-equity ratio of 17.99, a quick ratio of 9.95 and a current ratio of 0.06. The firm’s 50-day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The stock has a market cap of C$12.06 million, a price-to-earnings ratio of -0.18 and a beta of -1.79.

Cielo Waste Solutions Company Profile

(Get Free Report)

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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