Cielo Waste Solutions (CVE:CMC) Trading Up 30.8% – Here’s Why

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price was up 30.8% on Friday . The company traded as high as C$0.09 and last traded at C$0.09. Approximately 83,207 shares changed hands during trading, a decline of 11% from the average daily volume of 93,562 shares. The stock had previously closed at C$0.07.

Cielo Waste Solutions Trading Up 23.1%

The firm has a market cap of C$14.41 million, a price-to-earnings ratio of -0.24 and a beta of -1.98. The firm’s 50-day moving average is C$0.11 and its 200-day moving average is C$0.08. The company has a current ratio of 0.06, a quick ratio of 9.95 and a debt-to-equity ratio of 17.99.

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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