Cielo Waste Solutions (CVE:CMC) Trading 33.3% Higher – Here’s What Happened

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s share price was up 33.3% on Saturday . The stock traded as high as C$0.10 and last traded at C$0.08. Approximately 422,515 shares were traded during trading, an increase of 459% from the average daily volume of 75,623 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Price Performance

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 market capitalization of C$12.06 million, a P/E ratio of -0.18 and a beta of -1.79. The company’s 50 day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.06.

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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