StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 6.45M but it saw 4108991 shares traded in last market. With a market cap of 2.94B USD, the company’s current market price of $10.73 came rising about 1.51 while comparing to the previous closing price of $10.57. 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 $10.29 while lowest mark touched by it was $10.75.
Taking a look at 20-day trading activity of StoneCo Ltd (STNE) gives us an average price of $10.39, while its current price level is -40.16% below from 52-week high level whereas it is 38.95% 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 $9.75 while that of 200 days or SMA-200 reads an average of $10.85. 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 4.13%. 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 55.97 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 -5.79% down while it is 17.52% when we observe its performance for the past one month. Year-to-date it is 34.63% up and over the past year, the stock is showing a downside performance of -34.25%.
The company is expected to be releasing its next quarterly report on 2025-Mar-17, for which analysts forecasted an EPS of 1.67 while estimate for next year EPS is 7.77. In next quarter, company is expected to be making quarterly sales of $4.07B as analysts are expecting the sales for current fiscal year at $15.32B and seeing the company making $16.39B in sales next year. Moreover, analysts are in estimates of $3.8B for current-quarter revenue.
Currently, StoneCo Ltd’s total number of outstanding shares is 269.09M with 5.14% of that held by the insiders while 84.60% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.31% and return on equity (ROE) at -9.48%. It has a 6.89 of forward P/E ratio. Stock’s beta reads 2.07. Stock has a price to book (P/B) ratio of 1.61 while price to sale or P/S ratio amounts to 3.12. Its return on asset (ROA) is -2.47% on average.
