Cielo Waste Solutions (CVE:CMC) Stock Price Up 94.7% – Here’s What Happened

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares rose 94.7% on Saturday . The stock traded as high as C$0.20 and last traded at C$0.19. Approximately 1,456,885 shares traded hands during trading, an increase of 1,595% from the average daily volume of 85,968 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Stock Up 94.7%

The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99. The company has a market cap of C$27.90 million, a PE ratio of -0.42 and a beta of -1.79. The company’s fifty day moving average is C$0.06 and its 200-day moving average is C$0.06.

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.

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