StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 5.98M but it saw 21253127 shares traded in last market. With a market cap of 3.38B USD, the company’s current market price of $11.38 came rising about 15.53 while comparing to the previous closing price of $9.85. 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 $10.86 while lowest mark touched by it was $11.7.
Taking a look at 20-day trading activity of StoneCo Ltd (STNE) gives us an average price of $9.61, while its current price level is -36.53% below from 52-week high level whereas it is 47.37% 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 $9.19 while that of 200 days or SMA-200 reads an average of $10.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.09% during that period while stretching the period over a month that decreases to 4.52%. 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 72.01 which implies that the stock is in overbought 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 24.64% up while it is 12.67% when we observe its performance for the past one month. Year-to-date it is 42.79% up and over the past year, the stock is showing a downside performance of -34.22%.
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 9.30 while having a 7.57 of forward P/E ratio. Stock’s beta reads 2.08. Stock has a price to book (P/B) ratio of 1.20 while price to sale or P/S ratio amounts to 3.42. Its return on asset (ROA) is 4.36% on average.
