Cielo Waste Solutions (CVE:CMC) Shares Down 31%

Cielo Waste Solutions Corp. (CVE:CMCGet Rating) was down 31% on Monday . The company traded as low as C$0.07 and last traded at C$0.10. Approximately 7,175,658 shares traded hands during mid-day trading, an increase of 204% from the average daily volume of 2,358,621 shares. The stock had previously closed at C$0.15.

The company has a debt-to-equity ratio of 35.45, a current ratio of 0.30 and a quick ratio of 0.21. The stock has a 50 day simple moving average of C$0.21 and a two-hundred day simple moving average of C$0.26. The company has a market cap of C$56.30 million and a PE ratio of -1.12.

Cielo Waste Solutions (CVE:CMCGet Rating) last released its quarterly earnings results on Monday, March 21st. The company reported C($0.01) EPS for the quarter. As a group, equities analysts anticipate that Cielo Waste Solutions Corp. will post -0.01 EPS for the current fiscal year.

About Cielo Waste Solutions (CVE:CMC)

Cielo Waste Solutions Corp. engages in refining landfill, and municipal and commercial waste into a renewable diesel in Canada. It uses landfill waste, tires, plastics, wood shavings, and paper products to produce renewable Kerosene, highway diesel, and naphtha. The company was formerly known as Cielo Gold Corp.

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