CIELO S A/S (OTCMKTS:CIOXY) Shares Cross Above Fifty Day Moving Average of $1.85

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CIELO S A/S (OTCMKTS:CIOXY) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.85 and traded as high as $1.86. CIELO S A/S shares last traded at $1.82, with a volume of 64,620 shares.

Separately, Goldman Sachs Group initiated coverage on CIELO S A/S in a report on Monday, June 10th. They issued a “neutral” rating for the company.

The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.45. The stock has a 50-day simple moving average of $1.85 and a 200-day simple moving average of $2.04. The company has a market cap of $4.83 billion, a price-to-earnings ratio of 7.07 and a beta of 1.13.

About CIELO S A/S (OTCMKTS:CIOXY)

Cielo SA, through its subsidiaries, provides payment services in Brazil. The company is involved in the provision of 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.

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