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

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares were up 9.1% during trading on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 135,959 shares traded hands during trading, an increase of 104% from the average daily volume of 66,784 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Trading Down 8.3 %

The firm has a fifty day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.11. The firm has a market cap of C$6.14 million, a PE ratio of -0.32 and a beta of 2.82. The company has a current ratio of 0.06, a quick ratio of 9.95 and a debt-to-equity ratio of 17.99.

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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