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

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 114450 shares traded. The stock had previously closed at C$0.09.

Cielo Waste Solutions Stock Down 5.6 %

The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99. The firm’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.12. The company has a market cap of C$9.50 million, a price-to-earnings ratio of -0.49 and a beta of 2.82.

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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