Cielo Waste Solutions (CVE:CMC) Reaches New 1-Year Low – Here’s Why

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 3527 shares traded. The stock had previously closed at C$0.10.

Cielo Waste Solutions Price Performance

The stock has a market cap of C$10.06 million, a PE 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. The company has a quick ratio of 9.95, a current ratio of 0.06 and a debt-to-equity ratio of 17.99.

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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