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

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$0.10 and last traded at C$0.10, with a volume of 130545 shares trading hands. The stock had previously closed at C$0.10.

Cielo Waste Solutions Trading Down 5.0 %

The business’s 50-day moving average price is C$0.14 and its 200 day moving average price is C$0.19. The company has a market cap of C$11.38 million, a P/E ratio of -1.58 and a beta of 2.82. The company has a debt-to-equity ratio of 11.10, a quick ratio of 9.95 and a current ratio of 0.10.

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

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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