Cielo Waste Solutions (CVE:CMC) Stock Price Up 5% – Time to Buy?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) traded up 5% during mid-day trading on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. 107,710 shares traded hands during trading, an increase of 18% from the average session volume of 91,249 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Price Performance

The company has a market cap of C$12.57 million, a price-to-earnings ratio of -1.75 and a beta of 2.82. The company has a debt-to-equity ratio of 11.10, a quick ratio of 9.95 and a current ratio of 0.10. The company’s 50 day moving average price is C$0.10 and its 200 day moving average price is C$0.14.

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.

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