Cielo Waste Solutions (CVE:CMC) Trading Up 23.1% – Should You Buy?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price was up 23.1% during trading on Friday . The stock traded as high as C$0.09 and last traded at C$0.08. Approximately 159,908 shares traded hands during trading, an increase of 71% from the average daily volume of 93,562 shares. The stock had previously closed at C$0.07.

Cielo Waste Solutions Stock Up 23.1%

The firm has a market cap of C$14.41 million, a PE ratio of -0.24 and a beta of -1.98. The stock has a 50 day simple moving average of C$0.11 and a 200-day simple moving average of C$0.08. The company has a debt-to-equity ratio of 17.99, a current ratio of 0.06 and a quick ratio of 9.95.

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

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