Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report) shares shot up 16.7% during mid-day trading on Thursday . The company traded as high as C$0.07 and last traded at C$0.07. 237,716 shares changed hands during mid-day trading, an increase of 11% from the average session volume of 214,214 shares. The stock had previously closed at C$0.06.
Cielo Waste Solutions Price Performance
The company has a current ratio of 0.06, a quick ratio of 9.95 and a debt-to-equity ratio of 17.99. The stock has a 50-day simple moving average of C$0.08 and a 200 day simple moving average of C$0.08. The stock has a market capitalization of C$12.61 million, a price-to-earnings ratio of -0.21 and a beta of -0.86.
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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