Cielo (OTCMKTS:CIOXY) Stock Passes Above 50-Day Moving Average of $1.00

Shares of Cielo S.A. (OTCMKTS:CIOXY) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1.00 and traded as high as $1.05. Cielo shares last traded at $0.98, with a volume of 36,200 shares traded.

Cielo Price Performance

The company has a market cap of $2.64 billion, a price-to-earnings ratio of 6.53 and a beta of 1.11. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.55. The company’s 50 day moving average price is $1.00 and its 200 day moving average price is $0.89.

Cielo (OTCMKTS:CIOXY) last released its earnings results on Monday, February 5th. The financial services provider reported $0.04 EPS for the quarter. Cielo had a net margin of 19.71% and a return on equity of 14.35%. The company had revenue of $559.26 million during the quarter.

Cielo Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 7th. Investors of record on Tuesday, March 19th will be paid a $0.0198 dividend. This is a boost from Cielo’s previous dividend of $0.01. The ex-dividend date of this dividend is Monday, March 18th. Cielo’s dividend payout ratio (DPR) is 53.33%.

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.