Cielo Waste Solutions (CVE:CMC) Trading 16.7% Higher – Here’s What Happened

Cielo Waste Solutions Corp. (CVE:CMC)’s stock price traded up 16.7% during trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. 237,716 shares were traded during mid-day trading, an increase of 11% from the average session volume of 214,214 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Stock Up 16.7%

The firm has a market capitalization of C$12.61 million, a PE ratio of -0.21 and a beta of -0.86. The stock has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.08. The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99.

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.