Cielo Waste Solutions (CVE:CMC) Reaches New 1-Year Low – Should You Sell?

Cielo Waste Solutions Corp. (CVE:CMC)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 130545 shares changing hands. The stock had previously closed at C$0.10.

Cielo Waste Solutions Stock Performance

The company has a debt-to-equity ratio of 11.10, a quick ratio of 9.95 and a current ratio of 0.10. The stock has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.19. The stock has a market capitalization of C$11.97 million, a PE ratio of -1.67 and a beta of 2.82.

Cielo Waste Solutions (CVE:CMC) last issued its earnings results on Friday, September 20th. The company reported C($0.02) earnings per share for the quarter. As a group, equities analysts forecast that Cielo Waste Solutions Corp. will post -0.01 earnings per share for the current year.

Cielo Waste Solutions Company Profile

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.