Cielo Waste Solutions (CVE:CMC) Stock Price Up 33.3% – Time to Buy?

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

Cielo Waste Solutions Stock Up 33.3%

The stock has a market capitalization of C$12.06 million, a price-to-earnings ratio of -0.18 and a beta of -1.79. The business has a 50-day moving average of C$0.06 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 17.99, a quick ratio of 9.95 and a current ratio of 0.06.

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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