Cielo Waste Solutions (CVE:CMC) Sets New 1-Year Low – Time to Sell?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price 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 142826 shares trading hands. The stock had previously closed at C$0.10.

Cielo Waste Solutions Stock Performance

The company’s fifty day moving average price is C$0.12 and its 200 day moving average price is C$0.17. The company has a debt-to-equity ratio of 11.10, a current ratio of 0.10 and a quick ratio of 9.95. The company has a market cap of C$10.78 million, a PE ratio of -1.50 and a beta of 2.82.

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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