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

Cielo S.A. (OTCMKTS:CIOXY) crossed 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 Trading Down 4.0 %

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

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

Cielo Increases Dividend

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

About Cielo

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.