Cielo Waste Solutions (CVE:CMC) Hits New 12-Month Low – Time to Sell?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.10 and last traded at C$0.11, with a volume of 27081 shares trading hands. The stock had previously closed at C$0.11.

Cielo Waste Solutions Trading Down 4.5 %

The company has a current ratio of 0.10, a quick ratio of 9.95 and a debt-to-equity ratio of 11.10. The firm has a market cap of C$12.57 million, a P/E ratio of -1.67 and a beta of 2.82. The stock has a 50 day simple moving average of C$0.14 and a 200-day simple moving average of C$0.19.

Cielo Waste Solutions (CVE:CMCGet Free Report) last released its quarterly earnings data on Friday, September 20th. The company reported C($0.02) EPS for the quarter. On average, equities research analysts expect that Cielo Waste Solutions Corp. will post -0.01 EPS for the current fiscal year.

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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