Cielo Waste Solutions (CVE:CMC) Trading 16.7% Higher – Time to Buy?

Shares of Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shot up 16.7% during trading on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. 237,716 shares changed hands during 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 stock has a fifty day moving average of C$0.08 and a 200-day moving average of C$0.08. The firm has a market capitalization of C$12.61 million, a P/E ratio of -0.21 and a beta of -0.86. The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99.

Cielo Waste Solutions Company Profile

(Get Free Report)

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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