Cleanaway Waste Management (OTCMKTS:TSPCF) Trading Down 3.6% – What’s Next?

Shares of Cleanaway Waste Management Limited (OTCMKTS:TSPCF) traded down 3.6% on Wednesday . The stock traded as low as $1.72 and last traded at $1.72. 883 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 3,494 shares. The stock had previously closed at $1.7850.

Analyst Ratings Changes

Separately, The Goldman Sachs Group assumed coverage on shares of Cleanaway Waste Management in a report on Wednesday, December 10th. They issued a “buy” rating and a $3.15 target price on the stock. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $3.15.

Cleanaway Waste Management Stock Down 3.6%

The firm has a 50 day simple moving average of $1.76 and a two-hundred day simple moving average of $1.85.

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.