Cielo Waste Solutions (CVE:CMC) Stock Price Up 9.1% – What’s Next?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s share price was up 9.1% on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 136,083 shares were traded during mid-day trading, an increase of 104% from the average daily volume of 66,785 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Price Performance

The company has a debt-to-equity ratio of 17.99, a current ratio of 0.06 and a quick ratio of 9.95. The business’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.11. The stock has a market capitalization of C$6.70 million, a price-to-earnings ratio of -0.35 and a beta of 2.82.

About Cielo Waste Solutions

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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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