Cielo (OTCMKTS:CIOXY) Shares Cross Below 200 Day Moving Average – Time to Sell?

Cielo S.A. (OTCMKTS:CIOXY) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $0.83 and traded as low as $0.80. Cielo shares last traded at $0.84, with a volume of 59,100 shares trading hands.

Cielo Stock Performance

The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average of $0.84 and a 200 day moving average of $0.83. The stock has a market capitalization of $2.26 billion, a P/E ratio of 5.25 and a beta of 1.01.

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.