Cielo SA
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Information Technology : IT Services | Mid Cap Value
Based in Brazil
Company profile

Cielo SA, formerly Companhia Brasileira de Meios de Pagamento, is a Brazil-based company that provides services related to credit cards and other payment methods. The Company's activities are divided into two business segments: Capturing and processing of transactions, which acquires and processes credit and debit card transactions and other means of payment, as well as offers accreditation of merchants and related services, and Management of payment accounts, which manages transactions related to credit and debit card usage. In addition, the Company offers rental, installation and maintenance of point of sale (POS) terminals and recharge of prepaid phones through POS, among others. It provides services to various credit and debit card issuers, such as Visa, MasterCard, American Express and Elo. The Company operates through a number of subsidiaries, including Servinet Servicos Ltda, Cielo USA Inc and Multidisplay Comercio e Servicos Tecnologicos SA, among others.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Price
Delayed
$0.8478
Day's Change
-0.0072 (-0.84%)
Bid
--
Ask
--
B/A Size
--
Day's High
0.855
Day's Low
0.8393
Volume
(Heavy Day)

Today's volume of 977,158 shares is on pace to be much greater than CIOXY's 10-day average volume of 957,758 shares.

977,158

March car sales forecast to drop by 36%

11:28 am ET March 25, 2020 (MarketWatch)
Print

March car sales will drop by 36% compared with March 2019 and decrease in sales from March 2019 and a 23% decrease from February, analysts at Edmunds said in a note Wednesday. They forecast that due to the novel coronavirus pandemic the estimated seasonally adjusted annual rate for March will be 11.9 million vehicles sold. The March downturn will also lead to a drop in quarterly sales, forecasting that 3.5 million new cars and trucks will be sold in the first quarter of 2020 to reflect an 11.8% fall from the first quarter of 2019. Tesla Inc. (TSLA), General Motors Co. (GM), and Ford Motor Co. (F) all traded in the black on Wednesday as the broader U.S. equity markets recovered from earlier weakness.

-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

March 25, 2020 11:28 ET (15:28 GMT)

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