Cielo Waste Solutions (CVE:CMC) Trading Up 12.3%

Cielo Waste Solutions Corp. (CVE:CMC)’s stock price was up 12.3% during trading on Thursday . The company traded as high as C$0.32 and last traded at C$0.32. Approximately 202,275 shares traded hands during trading, an increase of 104% from the average daily volume of 99,234 shares. The stock had previously closed at C$0.29.

Cielo Waste Solutions Price Performance

The business’s fifty day moving average price is C$0.33 and its 200 day moving average price is C$0.15. The company has a market capitalization of C$35.12 million, a P/E ratio of -2.07 and a beta of 3.10. The company has a current ratio of 0.35, a quick ratio of 9.95 and a debt-to-equity ratio of 24.53.

Cielo Waste Solutions (CVE:CMC) last released its quarterly earnings data on Thursday, March 28th. The company reported C($0.02) EPS for the quarter. As a group, equities research analysts predict that Cielo Waste Solutions Corp. will post -0.01 earnings per share for the current fiscal year.

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.