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

Shares of Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 19001 shares changing hands. The stock had previously closed at C$0.09.

Cielo Waste Solutions Stock Performance

The company has a market cap of C$8.94 million, a P/E ratio of -0.47 and a beta of 2.82. The company has a current ratio of 0.06, a quick ratio of 9.95 and a debt-to-equity ratio of 17.99. The company has a 50 day moving average price of C$0.10 and a 200-day moving average price of C$0.12.

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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