Cielo Waste Solutions (CVE:CMC) Shares Down 5.3% – Should You Sell?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report)’s stock price fell 5.3% during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09. 135,734 shares changed hands during trading, an increase of 81% from the average session volume of 75,064 shares. The stock had previously closed at C$0.10.

Cielo Waste Solutions Stock Down 5.3 %

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 50-day moving average of C$0.11 and a 200 day moving average of C$0.16. The stock has a market capitalization of C$10.78 million, a price-to-earnings 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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