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

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 142826 shares traded. The stock had previously closed at C$0.10.

Cielo Waste Solutions Stock Performance

The firm has a fifty day simple moving average of C$0.12 and a 200-day simple moving average of C$0.17. The stock has a market cap of C$10.78 million, a price-to-earnings ratio of -1.50 and a beta of 2.82. The company has a current ratio of 0.10, a quick ratio of 9.95 and a debt-to-equity ratio of 11.10.

Cielo Waste Solutions (CVE:CMCGet Free Report) last issued its quarterly earnings results on Friday, September 20th. The company reported C($0.02) earnings per share (EPS) for the quarter. Analysts forecast 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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