Cielo Waste Solutions (CVE:CMC) Trading Up 23.1% – Here’s What Happened

Shares of Cielo Waste Solutions Corp. (CVE:CMC) traded up 23.1% during mid-day trading on Friday . The company traded as high as C$0.09 and last traded at C$0.08. 159,908 shares changed hands during trading, an increase of 71% from the average session volume of 93,562 shares. The stock had previously closed at C$0.07.

Cielo Waste Solutions Price Performance

The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99. The firm has a market capitalization of C$14.41 million, a PE ratio of -0.24 and a beta of -1.98. The stock has a 50-day moving average price of C$0.11 and a 200 day moving average price of C$0.08.

Cielo Waste Solutions Company Profile

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. in August 2013. Cielo Waste Solutions Corp. was incorporated in 2011 and is based in Calgary, Canada.