Cielo Waste Solutions (CVE:CMC) Stock Price Up 15.4% – What’s Next?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price shot up 15.4% during trading on Tuesday . The stock traded as high as C$0.08 and last traded at C$0.07. 287,625 shares were traded during trading, an increase of 142% from the average session volume of 118,609 shares. The stock had previously closed at C$0.07.

Cielo Waste Solutions Stock Performance

The company’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.07. The stock has a market capitalization of C$15.81 million, a price-to-earnings ratio of -2.50 and a beta of -1.06. The company has a current ratio of 0.08, a quick ratio of 9.95 and a debt-to-equity ratio of -76.28.

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. in August 2013. Cielo Waste Solutions Corp. was incorporated in 2011 and is based in Calgary, Canada.

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