StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 5.77M but it saw 8037018 shares traded in last market. With a market cap of 2.81B USD, the company’s current market price of $9.48 came falling about -1.86 while comparing to the previous closing price of $9.66. 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.
Taking a look at 20-day trading activity of StoneCo Ltd (STNE) gives us an average price of $9.50, while its current price level is -47.13% below from 52-week high level whereas it is 22.76% 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 $8.81 while that of 200 days or SMA-200 reads an average of $11.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.91% during that period while stretching the period over a month that increases 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 52.20 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 -5.86% down while it is 6.40% when we observe its performance for the past one month. Year-to-date it is 18.95% up and over the past year, the stock is showing a downside performance of -43.67%.
Currently, StoneCo Ltd’s total number of outstanding shares is 278.03M. 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 7.75 while having a 7.52 of forward P/E ratio. Stock’s beta reads 2.32. Stock has a price to book (P/B) ratio of 1.00 while price to sale or P/S ratio amounts to 2.85. Its return on asset (ROA) is 4.36% on average.
