Cielo Waste Solutions (CVE:CMC) Stock Price Up 26.3% – Here’s What Happened

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s share price traded up 26.3% on Tuesday . The company traded as high as C$0.13 and last traded at C$0.12. 110,019 shares changed hands during trading, a decline of 15% from the average session volume of 128,793 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Trading Down 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 company has a market capitalization of C$18.01 million, a price-to-earnings ratio of -0.30 and a beta of -1.04. The business has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.08.

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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