Cielo Waste Solutions (CVE:CMC) Trading Up 23.1% – Still a Buy?

Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report)’s share price traded up 23.1% on Friday . The stock traded as high as C$0.09 and last traded at C$0.08. 159,908 shares changed hands during trading, an increase of 71% from the average session volume of 93,562 shares. The stock had previously closed at C$0.07.

Cielo Waste Solutions Stock Performance

The stock has a market cap of C$14.41 million, a PE ratio of -0.24 and a beta of -1.98. The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99. The company has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.08.

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. in August 2013. Cielo Waste Solutions Corp. was incorporated in 2011 and is based in Calgary, Canada.

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