CIELO S A/S (CIOXY) Lifted to “Neutral” at UBS Group

UBS Group upgraded shares of CIELO S A/S (OTCMKTS:CIOXY) from a sell rating to a neutral rating in a research note released on Thursday, The Fly reports.

A number of other equities analysts also recently issued reports on CIOXY. ValuEngine raised CIELO S A/S from a sell rating to a hold rating in a report on Wednesday, January 2nd. Citigroup raised shares of CIELO S A/S from a neutral rating to a buy rating in a report on Thursday, January 24th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the stock. CIELO S A/S presently has an average rating of Hold.

OTCMKTS:CIOXY opened at $2.36 on Thursday. The stock has a market cap of $6.41 billion, a PE ratio of 7.15 and a beta of 1.12. CIELO S A/S has a 1 year low of $2.15 and a 1 year high of $5.99. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.61.

CIELO S A/S (OTCMKTS:CIOXY) last released its quarterly earnings data on Monday, January 28th. The financial services provider reported $0.07 EPS for the quarter. CIELO S A/S had a return on equity of 21.74% and a net margin of 30.57%. The business had revenue of $791.35 million for the quarter.

The business also recently announced a Not Available dividend, which will be paid on Friday, July 5th. Investors of record on Monday, April 1st will be given a $0.01 dividend. The ex-dividend date is Friday, March 29th.

CIELO S A/S Company Profile

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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