Cielo Waste Solutions (CVE:CMC) Sets New 12-Month Low – Here’s Why

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) hit a new 52-week low on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 3527 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Stock Performance

The stock has a 50 day moving average price of C$0.10 and a two-hundred day moving average price of C$0.12. The company has a market cap of C$10.06 million, a P/E ratio of -0.52 and a beta of 2.82. The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99.

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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