Shares of Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report) were up 26.3% during trading on Tuesday . The stock traded as high as C$0.13 and last traded at C$0.12. Approximately 110,019 shares changed hands during trading, a decline of 15% from the average daily volume of 128,793 shares. The stock had previously closed at C$0.10.
Cielo Waste Solutions Trading Up 10.5%
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 company has a 50-day moving average price of C$0.11 and a two-hundred day moving average price of C$0.08. The stock has a market cap of C$18.91 million, a P/E ratio of -0.32 and a beta of -1.04.
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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