Cleanaway Waste Management (OTCMKTS:TSPCF) Shares Up 3.2% – Here’s Why

Cleanaway Waste Management Limited (OTCMKTS:TSPCF)’s stock price traded up 3.2% on Tuesday . The company traded as high as $1.60 and last traded at $1.60. 602 shares traded hands during trading, a decline of 78% from the average session volume of 2,713 shares. The stock had previously closed at $1.55.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group initiated coverage on shares of Cleanaway Waste Management in a research report on Wednesday, December 10th. They issued a “buy” rating and a $3.15 target price on the stock. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $3.15.

Cleanaway Waste Management Stock Performance

The business has a fifty day simple moving average of $1.70 and a 200 day simple moving average of $1.77.

Cleanaway Waste Management Company Profile

Cleanaway Waste Management is a leading provider of integrated waste management and resource recovery services in Australia, New Zealand and select operations in Hong Kong. The company offers a full range of solutions including general and hazardous waste collection, recycling, treatment and disposal across municipal, industrial and commercial sectors. Its service offerings encompass organics composting, material recovery facilities, high-temperature incineration, secure shredding and landfill management, all supported by an extensive fleet of collection vehicles and transfer stations.

Founded in 1979, Cleanaway has expanded through organic growth and strategic acquisitions to establish a significant presence in both metropolitan and regional markets.