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

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares hit a new 52-week low on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 25517 shares trading hands. The stock had previously closed at C$0.10.

Cielo Waste Solutions Stock Performance

The firm has a market cap of C$10.06 million, a PE ratio of -0.52 and a beta of 2.82. The company has a debt-to-equity ratio of 17.99, a current ratio of 0.06 and a quick ratio of 9.95. The stock has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.12.

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.

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