Cleanaway Waste Management (OTCMKTS:TSPCF) Trading Up 3.2% – Time to Buy?

Shares of Cleanaway Waste Management Limited (OTCMKTS:TSPCF) shot up 3.2% during mid-day trading on Tuesday . The company traded as high as $1.60 and last traded at $1.60. 602 shares were traded during trading, a decline of 78% from the average session volume of 2,713 shares. The stock had previously closed at $1.55.

Analyst Upgrades and Downgrades

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

Cleanaway Waste Management Price Performance

The company has a 50-day moving average price of $1.71 and a 200-day moving average price of $1.77.

About Cleanaway Waste Management

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.