Cielo Waste Solutions (CVE:CMC) Sets New 52-Week Low – Here’s Why

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) hit 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 25517 shares traded. The stock had previously closed at C$0.10.

Cielo Waste Solutions Price Performance

The company has a 50 day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.12. 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 company has a market capitalization of C$10.61 million, a P/E ratio of -0.55 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.

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