Cielo Waste Solutions (CVE:CMC) Shares Up 14.3%

Shares of Cielo Waste Solutions Corp (CVE:CMC) shot up 14.3% during trading on Thursday . The company traded as high as C$0.65 and last traded at C$0.64. 1,945,140 shares were traded during mid-day trading, a decline of 66% from the average session volume of 5,697,585 shares. The stock had previously closed at C$0.56.

The business has a 50-day moving average price of C$1.13. The company has a debt-to-equity ratio of 120.86, a current ratio of 0.35 and a quick ratio of 0.12. The stock has a market cap of C$287.55 million and a PE ratio of -29.60.

In related news, Senior Officer Lionel Terry Robins sold 107,345 shares of Cielo Waste Solutions stock in a transaction dated Tuesday, July 13th. The stock was sold at an average price of C$1.50, for a total value of C$161,017.50. Following the completion of the sale, the insider now directly owns 273,750 shares in the company, valued at C$410,625.

Cielo Waste Solutions Company Profile (CVE:CMC)

Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products, related materials and services through a network including seven electric arc furnace (“EAF”) mini mills, two EAF micro mills, a rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the U.S.

See Also: Hold Rating

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