Cielo Waste Solutions (CVE:CMC) Trading 9.1% Higher – Should You Buy?

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

Cielo Waste Solutions Stock Up 9.1 %

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 market capitalization of C$6.70 million, a P/E ratio of -0.35 and a beta of 2.82. The firm’s fifty day moving average is C$0.09 and its 200-day moving average is C$0.11.

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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