Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report)’s share price traded up 23.1% during mid-day trading on Saturday . The company traded as high as C$0.09 and last traded at C$0.08. 159,908 shares changed hands during trading, an increase of 71% from the average session volume of 93,562 shares. The stock had previously closed at C$0.07.
Cielo Waste Solutions Stock Performance
The stock’s 50-day moving average is C$0.11 and its 200 day moving average is C$0.08. The stock has a market cap of C$14.41 million, a price-to-earnings ratio of -0.24 and a beta of -1.98. 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
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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