Cielo Waste Solutions (CVE:CMC) Sets New 52-Week Low – Time to Sell?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price 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 trading hands. The stock had previously closed at C$0.09.

Cielo Waste Solutions Price Performance

The company has a debt-to-equity ratio of 17.99, a current ratio of 0.06 and a quick ratio of 9.95. The company has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.12. The company has a market capitalization of C$9.50 million, a P/E ratio of -0.49 and a beta of 2.82.

About Cielo Waste Solutions

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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.

Further Reading

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