Cleanaway Waste Management (OTCMKTS:TSPCF) Shares Down 2.3% – Here’s Why

Cleanaway Waste Management Limited (OTCMKTS:TSPCF)’s stock price traded down 2.3% during mid-day trading on Friday . The stock traded as low as $1.7050 and last traded at $1.7050. 3,287 shares were traded during mid-day trading, an increase of 75% from the average session volume of 1,879 shares. The stock had previously closed at $1.7450.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Cleanaway Waste Management in a report on Wednesday, December 10th. They issued a “buy” rating and a $3.15 target price for the company. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $3.15.

Cleanaway Waste Management Stock Down 2.3%

The firm has a 50 day simple moving average of $1.74 and a 200-day simple moving average of $1.82.

Cleanaway Waste Management Company Profile

Cleanaway Waste Management is a leading provider of integrated waste management and resource recovery services in Australia, New Zealand and select operations in Hong Kong. The company offers a full range of solutions including general and hazardous waste collection, recycling, treatment and disposal across municipal, industrial and commercial sectors. Its service offerings encompass organics composting, material recovery facilities, high-temperature incineration, secure shredding and landfill management, all supported by an extensive fleet of collection vehicles and transfer stations.

Founded in 1979, Cleanaway has expanded through organic growth and strategic acquisitions to establish a significant presence in both metropolitan and regional markets.