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

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 21029 shares changing hands. The stock had previously closed at C$0.14.

Cielo Waste Solutions Stock Down 11.5 %

The company has a debt-to-equity ratio of 11.10, a current ratio of 0.10 and a quick ratio of 9.95. The company has a market capitalization of C$13.77 million, a price-to-earnings ratio of -2.17 and a beta of 2.82. The firm’s fifty day moving average price is C$0.15 and its 200-day moving average price is C$0.21.

Cielo Waste Solutions (CVE:CMCGet Free Report) last posted its quarterly earnings data on Friday, September 20th. The company reported C($0.02) earnings per share for the quarter. Sell-side analysts expect that Cielo Waste Solutions Corp. will post -0.01 earnings per share for the current fiscal year.

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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