Cielo (OTCMKTS:CIOXY) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Cielo S.A. (OTCMKTS:CIOXY)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.85 and traded as low as $0.80. Cielo shares last traded at $0.84, with a volume of 59,100 shares changing hands.

Cielo Stock Performance

The firm has a fifty day simple moving average of $0.84 and a 200 day simple moving average of $0.85. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.24. The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 5.25 and a beta of 1.01.

Cielo Company Profile

Cielo SA, through its subsidiaries, provides payment services in Brazil and the United States. The company provides services related to credit and debit cards, and other payment methods, including signing up of merchants and service providers; rental, installation, and maintenance of point-of-sale terminals; and data capture and processing of electronic and manual transactions, as well as the issuance and management of payment accounts.