StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 5.97M but it saw 4282444 shares traded in last market. With a market cap of 2.77B USD, the company’s current market price of $9.34 came falling about -0.53 while comparing to the previous closing price of $9.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.46 and as low as $7.72. In the recent trading on the day, stock has struck highest price mark of $9.285 while lowest mark touched by it was $9.62.
Taking a look at 20-day trading activity of StoneCo Ltd (STNE) gives us an average price of $8.67, while its current price level is -52.00% below from 52-week high level whereas it is 20.95% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $8.83 while that of 200 days or SMA-200 reads an average of $11.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.83% during that period while stretching the period over a month that decreases to 4.12%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.04 which implies that the stock is in neutral territory.
Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on September 05, 2024 while assigning a price target range of $16.50-$7. UBS issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $21 and $17.
Over the week, STNE’s stock price is moving 5.30% up while it is 16.31% when we observe its performance for the past one month. Year-to-date it is 17.19% up and over the past year, the stock is showing a downside performance of -48.71%.
Currently, StoneCo Ltd’s total number of outstanding shares is 278.03M with 4.60% of that held by the insiders while 71.86% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.67% and return on equity (ROE) at 14.20%. It has a price to earnings ratio (P/E ratio) of 7.63 while having a 7.50 of forward P/E ratio. Stock’s beta reads 2.34. Stock has a price to book (P/B) ratio of 0.99 while price to sale or P/S ratio amounts to 2.81. Its return on asset (ROA) is 4.36% on average.
