Cielo (OTCMKTS:CIOXY) Stock Price Passes Below Two Hundred Day Moving Average of $0.94

Cielo S.A. (OTCMKTS:CIOXY – Get Rating) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.94 and traded as low as $0.88. Cielo shares last traded at $0.90, with a volume of 13,139 shares changing hands.

Analyst Ratings Changes

CIOXY has been the topic of several recent research reports. Citigroup raised shares of Cielo from a “neutral” rating to a “buy” rating in a research note on Monday, February 6th. UBS Group raised shares of Cielo from a “neutral” rating to a “buy” rating in a research note on Monday, December 12th.

Cielo Stock Performance

The company has a market capitalization of $2.43 billion, a PE ratio of 15.00, a price-to-earnings-growth ratio of 0.17 and a beta of 0.92. The firm’s 50-day simple moving average is $0.95 and its 200 day simple moving average is $0.94.

Cielo Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 3rd. Shareholders of record on Monday, December 26th were given a dividend of $0.0109 per share. This is a positive change from Cielo’s previous dividend of $0.01. This represents a dividend yield of 4.51%. The ex-dividend date was Friday, December 23rd. Cielo’s payout ratio is presently 66.67%.

About Cielo

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Cielo SA engages in the provision of payment processing solutions. The firm provides services related to credit and debit cards and other means of payment, including signing up of merchants and service providers, rental, installation and maintenance of POS (point-of-sale) terminals, data capture and processing of electronic and manual transactions, as well as the issuance and management of payment accounts.