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

Cielo Waste Solutions Corp. (CVE:CMC – Get Free Report)’s stock price reached a new 52-week low on Monday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 32034 shares trading hands. The stock had previously closed at C$0.06.

Cielo Waste Solutions Trading Down 8.3%

The company has a current ratio of 0.11, a quick ratio of 9.95 and a debt-to-equity ratio of -59.23. The firm has a market capitalization of C$11.59 million, a P/E ratio of -5.50 and a beta of -1.32. The business has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.07.

Cielo Waste Solutions Company Profile

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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. in August 2013. Cielo Waste Solutions Corp. was incorporated in 2011 and is based in Calgary, Canada.

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