Cielo Waste Solutions (CVE:CMC) Trading 15.4% Higher

Cielo Waste Solutions Corp. (CVE:CMCGet Rating)’s share price traded up 15.4% during trading on Friday . The company traded as high as C$0.08 and last traded at C$0.08. 573,229 shares were traded during mid-day trading, a decline of 78% from the average session volume of 2,550,257 shares. The stock had previously closed at C$0.07.

The stock has a fifty day moving average price of C$0.20 and a 200 day moving average price of C$0.26. The company has a debt-to-equity ratio of 35.45, a current ratio of 0.30 and a quick ratio of 0.21. The stock has a market capitalization of C$46.36 million and a P/E ratio of -0.86.

Cielo Waste Solutions (CVE:CMCGet Rating) last posted its quarterly earnings results on Monday, March 21st. The company reported C($0.01) EPS for the quarter. Research analysts anticipate that Cielo Waste Solutions Corp. will post -0.01 earnings per share for the current year.

Cielo Waste Solutions Company Profile (CVE:CMC)

Cielo Waste Solutions Corp. engages in refining landfill, and municipal and commercial waste into a renewable diesel in Canada. It uses landfill waste, tires, plastics, wood shavings, and paper products to produce renewable Kerosene, highway diesel, and naphtha. The company was formerly known as Cielo Gold Corp.

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