Cielo Waste Solutions (CVE:CMC) Hits New 12-Month Low – Here’s What Happened

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 114450 shares changing hands. The stock had previously closed at C$0.09.

Cielo Waste Solutions Price Performance

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 firm has a market capitalization of C$9.50 million, a price-to-earnings ratio of -0.49 and a beta of 2.82. The company’s 50 day moving average is C$0.10 and its 200-day moving average is 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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