Cielo Waste Solutions (CVE:CMC) Shares Down 5.3% – Here’s Why

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

Cielo Waste Solutions Price Performance

The firm has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.16. 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 company has a market capitalization of C$11.38 million, a P/E ratio of -1.58 and a beta of 2.82.

Cielo Waste Solutions Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Cielo Waste Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cielo Waste Solutions and related companies with MarketBeat.com's FREE daily email newsletter.