Cielo Waste Solutions (CVE:CMC) Stock Price Up 100% – Here’s Why

Shares of Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) traded up 100% during trading on Friday . The stock traded as high as C$0.19 and last traded at C$0.19. 1,005,092 shares were traded during trading, an increase of 1,108% from the average session volume of 83,199 shares. The stock had previously closed at C$0.10.

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’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.06. The firm has a market capitalization of C$27.90 million, a price-to-earnings ratio of -0.42 and a beta of -1.79.

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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