StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 5.98M but it saw 4296080 shares traded in last market. With a market cap of 2.78B USD, the company’s current market price of $9.37 came rising about 1.52 while comparing to the previous closing price of $9.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.93 and as low as $7.72. In the recent trading on the day, stock has struck highest price mark of $9.18 while lowest mark touched by it was $9.385.
Taking a look at 20-day trading activity of StoneCo Ltd (STNE) gives us an average price of $9.01, while its current price level is -47.74% below from 52-week high level whereas it is 21.34% 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 $8.73 while that of 200 days or SMA-200 reads an average of $11.63. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.21% during that period while stretching the period over a month that increases to 3.99%. 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 56.70 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 1.63% up while it is 13.85% when we observe its performance for the past one month. Year-to-date it is 17.57% up and over the past year, the stock is showing a downside performance of -46.61%.
Currently, StoneCo Ltd’s total number of outstanding shares is 278.03M with 4.61% of that held by the insiders while 72.37% 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 7.66 while having a 7.52 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 2.82. Its return on asset (ROA) is 4.36% on average.
