Cielo Waste Solutions (CVE:CMC) Hits New 1-Year Low – Here’s Why

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.10 and last traded at C$0.11, with a volume of 9720 shares changing hands. The stock had previously closed at C$0.11.

Cielo Waste Solutions Trading Up 4.8 %

The business’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.20. The company has a quick ratio of 9.95, a current ratio of 0.10 and a debt-to-equity ratio of 11.10. The firm has a market cap of C$13.17 million, a price-to-earnings ratio of -1.75 and a beta of 2.82.

Cielo Waste Solutions (CVE:CMCGet Free Report) last released its earnings results on Friday, September 20th. The company reported C($0.02) EPS for the quarter. Equities analysts anticipate that Cielo Waste Solutions Corp. will post -0.01 earnings per share for the current fiscal year.

About Cielo Waste Solutions

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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.

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