Cielo Waste Solutions (CVE:CMC) Trading Up 15.4% – Should You Buy?

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

Cielo Waste Solutions Trading Down 6.7%

The stock has a market capitalization of C$14.75 million, a PE ratio of -2.33 and a beta of -1.06. The company has a quick ratio of 9.95, a current ratio of 0.08 and a debt-to-equity ratio of -76.28. The firm has a 50 day moving average price of C$0.08 and a 200 day moving average price of C$0.07.

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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