Cleanaway Waste Management (OTCMKTS:TSPCF) Stock Price Down 3.5% – Here’s Why

Cleanaway Waste Management Limited (OTCMKTS:TSPCF)’s stock price fell 3.5% during trading on Monday . The stock traded as low as $1.79 and last traded at $1.79. 156 shares were traded during mid-day trading, a decline of 95% from the average session volume of 2,974 shares. The stock had previously closed at $1.8550.

Analyst Ratings Changes

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

Cleanaway Waste Management Price Performance

The firm’s 50 day moving average price is $1.77 and its two-hundred day moving average price is $1.80.

About Cleanaway Waste Management

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.