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

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) traded up 9.1% on Tuesday . The company traded as high as C$0.06 and last traded at C$0.06. 136,083 shares were traded during mid-day trading, an increase of 104% from the average session volume of 66,785 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Stock Performance

The firm has a market capitalization of C$6.70 million, a P/E ratio of -0.35 and a beta of 2.82. The company has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.11. The company has a current ratio of 0.06, a quick ratio of 9.95 and a debt-to-equity ratio of 17.99.

About Cielo Waste Solutions

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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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