Cielo Waste Solutions (CVE:CMC) Trading Down 7.1%

Cielo Waste Solutions Corp. (CVE:CMCGet Rating)’s stock price was down 7.1% during trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 122,787 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 2,970,401 shares. The stock had previously closed at C$0.07.

Cielo Waste Solutions Stock Performance

The stock’s 50-day simple moving average is C$0.12 and its 200 day simple moving average is C$0.24. The company has a debt-to-equity ratio of 35.45, a quick ratio of 0.21 and a current ratio of 0.30. The company has a market capitalization of C$57.41 million and a PE ratio of -0.92.

About Cielo Waste Solutions

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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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