Cielo Waste Solutions (CVE:CMC) Reaches New 12-Month Low – What’s Next?

Shares of Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 19001 shares trading hands. The stock had previously closed at C$0.09.

Cielo Waste Solutions Trading Down 18.8 %

The company has a debt-to-equity ratio of 17.99, a quick ratio of 9.95 and a current ratio of 0.06. The stock has a market cap of C$7.26 million, a price-to-earnings ratio of -0.38 and a beta of 2.82. The business has a fifty day simple moving average of C$0.10 and a 200 day simple moving average of C$0.11.

Cielo Waste Solutions Company Profile

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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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