Cielo Waste Solutions (CVE:CMC) Trading Up 10% – What’s Next?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) was up 10% on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 286,373 shares changed hands during mid-day trading, an increase of 399% from the average daily volume of 57,353 shares. The stock had previously closed at C$0.05.

Cielo Waste Solutions Trading Up 20.0%

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 firm has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.08. The firm has a market cap of C$6.70 million, a PE ratio of -0.35 and a beta of 2.82.

Cielo Waste Solutions Company Profile

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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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