Cielo Waste Solutions (CVE:CMC) Trading 32.1% Higher

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price was up 32.1% during mid-day trading on Tuesday . The stock traded as high as C$0.44 and last traded at C$0.37. Approximately 243,047 shares were traded during trading, an increase of 150% from the average daily volume of 97,364 shares. The stock had previously closed at C$0.28.

Cielo Waste Solutions Stock Performance

The company has a current ratio of 0.35, a quick ratio of 9.95 and a debt-to-equity ratio of 24.53. The company has a 50-day moving average of C$0.32 and a 200-day moving average of C$0.14. The firm has a market capitalization of C$35.12 million, a P/E ratio of -2.07 and a beta of 3.10.

Cielo Waste Solutions Company Profile

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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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