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

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.09 and last traded at C$0.10, with a volume of 51504 shares changing hands. The stock had previously closed at C$0.10.

Cielo Waste Solutions Stock Performance

The firm has a market cap of C$11.38 million, a PE ratio of -1.58 and a beta of 2.82. 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 company has a 50-day simple moving average of C$0.12 and a two-hundred day simple moving average of C$0.16.

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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