Cleanaway Waste Management (OTCMKTS:TSPCF) Stock Price Up 3.2% – Still a Buy?

Cleanaway Waste Management Limited (OTCMKTS:TSPCF)’s share price rose 3.2% on Tuesday . The company traded as high as $1.60 and last traded at $1.60. Approximately 602 shares changed hands during trading, a decline of 78% from the average daily volume of 2,713 shares. The stock had previously closed at $1.55.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group assumed coverage on Cleanaway Waste Management in a research report on Wednesday, December 10th. They issued a “buy” rating and a $3.15 price objective for the company. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $3.15.

Cleanaway Waste Management Trading Up 3.2%

The company’s fifty day moving average price is $1.71 and its two-hundred day moving average price is $1.77.

Cleanaway Waste Management Company Profile

Cleanaway Waste Management is a leading provider of integrated waste management and resource recovery services in Australia, New Zealand and select operations in Hong Kong. The company offers a full range of solutions including general and hazardous waste collection, recycling, treatment and disposal across municipal, industrial and commercial sectors. Its service offerings encompass organics composting, material recovery facilities, high-temperature incineration, secure shredding and landfill management, all supported by an extensive fleet of collection vehicles and transfer stations.

Founded in 1979, Cleanaway has expanded through organic growth and strategic acquisitions to establish a significant presence in both metropolitan and regional markets.