Cielo Waste Solutions (CVE:CMC) Sets New 1-Year Low – Here’s What Happened

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 3527 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Price Performance

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 stock has a market capitalization of C$10.06 million, a price-to-earnings ratio of -0.52 and a beta of 2.82. The business’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.12.

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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