Cielo Waste Solutions (CVE:CMC) Sets New 1-Year Low – What’s Next?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as C$0.14 and last traded at C$0.14, with a volume of 163843 shares changing hands. The stock had previously closed at C$0.14.

Cielo Waste Solutions Stock Performance

The company has a market capitalization of C$16.76 million, a price-to-earnings ratio of -2.33 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. The firm has a 50-day simple moving average of C$0.16 and a two-hundred day simple moving average of C$0.23.

Cielo Waste Solutions (CVE:CMCGet Free Report) last released its earnings results on Friday, September 20th. The company reported C($0.02) earnings per share (EPS) for the quarter. On average, sell-side analysts anticipate that Cielo Waste Solutions Corp. will post -0.01 EPS for the current fiscal 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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