Cielo Waste Solutions (CVE:CMC) Trading Up 9.1% – Should You Buy?

Shares of Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shot up 9.1% during trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06. 136,083 shares were traded during mid-day trading, an increase of 104% from the average session volume of 66,785 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Trading Up 9.1 %

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 firm has a market capitalization of C$6.70 million, a PE ratio of -0.35 and a beta of 2.82. The stock’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.11.

Cielo Waste Solutions Company Profile

(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.

Recommended 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.