Cielo Waste Solutions (CVE:CMC) Stock Price Up 16.7% – Still a Buy?

Cielo Waste Solutions Corp. (CVE:CMC)’s stock price shot up 16.7% on Friday . The stock 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 company has a debt-to-equity ratio of 17.99, a current ratio of 0.06 and a quick ratio of 9.95. The company has a fifty day moving average price of C$0.08 and a 200 day moving average price of C$0.08. The company has a market cap of C$12.61 million, a PE ratio of -0.21 and a beta of -0.86.

Cielo Waste Solutions Company Profile

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.