StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 6.41M but it saw 5495037 shares traded in last market. With a market cap of 3.36B USD, the company’s current market price of $11.39 came falling about -0.52 while comparing to the previous closing price of $11.45. 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 $10.9 while lowest mark touched by it was $11.56.
Taking a look at 20-day trading activity of StoneCo Ltd (STNE) gives us an average price of $9.99, while its current price level is -36.48% below from 52-week high level whereas it is 47.49% 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 $9.51 while that of 200 days or SMA-200 reads an average of $10.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.79% during that period while stretching the period over a month that increases to 4.49%. 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 68.98 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 0.09% up while it is 17.91% when we observe its performance for the past one month. Year-to-date it is 42.91% up and over the past year, the stock is showing a downside performance of -30.12%.
Currently, StoneCo Ltd’s total number of outstanding shares is 269.09M. Company’s return on investment (ROI) stands at -7.31% and return on equity (ROE) at -9.48%. It has a 7.17 of forward P/E ratio. Stock’s beta reads 2.09. Stock has a price to book (P/B) ratio of 1.71 while price to sale or P/S ratio amounts to 3.57. Its return on asset (ROA) is -2.47% on average.
