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

Shares of Cielo S.A. (OTCMKTS:CIOXYGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.84 and traded as low as $0.80. Cielo shares last traded at $0.84, with a volume of 59,100 shares.

Cielo Price Performance

The stock has a market capitalization of $2.26 billion, a P/E ratio of 5.25 and a beta of 1.01. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a 50-day moving average price of $0.84 and a 200 day moving average price of $0.84.

Cielo Company Profile

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Cielo SA, trading OTC as CIOXY, is one of Brazil’s foremost financial technology firms specializing in electronic payment solutions. Established in 1995 as VisaNet through a joint venture between Banco do Brasil and Bradesco, the company has evolved into the largest merchant acquirer in Brazil. Its core business revolves around the secure authorization, clearing and settlement of credit, debit and prepaid card transactions across multiple channels.

Cielo’s comprehensive suite of offerings includes point-of-sale terminals, mobile and contactless payment devices, and e-commerce gateways tailored for both in-store and online merchants.

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