Cielo Waste Solutions (CVE:CMC) Stock Price Up 63.2% – Here’s Why

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) rose 63.2% during mid-day trading on Friday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 733,065 shares were traded during trading, an increase of 800% from the average daily volume of 81,455 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Trading Up 94.7%

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 cap of C$27.90 million, a P/E ratio of -0.42 and a beta of -1.79. The firm’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.06.

About Cielo Waste Solutions

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Cielo Waste Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cielo Waste Solutions and related companies with MarketBeat.com's FREE daily email newsletter.