CIELO S A/S (OTCMKTS:CIOXY) Shares Down 5.3%

CIELO S A/S (OTCMKTS:CIOXY)’s stock price fell 5.3% during mid-day trading on Monday . The company traded as low as $1.78 and last traded at $1.78, 589,034 shares traded hands during trading. An increase of 96% from the average session volume of 300,520 shares. The stock had previously closed at $1.88.

Separately, ValuEngine upgraded CIELO S A/S from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $4.80 billion, a P/E ratio of 7.74 and a beta of 1.11. The company has a 50 day simple moving average of $1.94 and a two-hundred day simple moving average of $1.87.

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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