Cielo (OTCMKTS:CIOXY) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Cielo S.A. (OTCMKTS:CIOXYGet Free Report) crossed below its two hundred day moving average during trading on Friday . 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 Price Performance

The stock’s 50-day moving average price is $0.84 and its 200 day moving average price is $0.85. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 5.25 and a beta of 1.01. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.24.

About Cielo

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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.

Further Reading

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