Cielo (OTCMKTS:CIOXY) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Friday.

Cielo (OTCMKTS:CIOXY) traded up $0.05 during trading hours on Friday, hitting $7.11. The stock had a trading volume of 258,260 shares, compared to its average volume of 333,459. The company has a market capitalization of $19,316.55, a price-to-earnings ratio of 14.32 and a beta of 1.19. Cielo has a 52 week low of $5.94 and a 52 week high of $8.43. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.11 and a quick ratio of 1.11.

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About Cielo

Cielo SA, through its subsidiaries, operates in the merchant acquiring and payment processing industry in Brazil. It 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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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