StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 6.86M but it saw 4520492 shares traded in last market. With a market cap of 3.24B USD, the company’s current market price of $11.83 came falling about -1.00 while comparing to the previous closing price of $11.95. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.09 and as low as $7.72. In the recent trading on the day, stock has struck highest price mark of $11.72 while lowest mark touched by it was $12.035.
Taking a look at 20-day trading activity of StoneCo Ltd (STNE) gives us an average price of $11.14, while its current price level is -30.78% below from 52-week high level whereas it is 53.19% 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 $10.21 while that of 200 days or SMA-200 reads an average of $10.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.68% during that period while stretching the period over a month that increases to 5.57%. 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 63.00 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 6.77% up while it is 20.10% when we observe its performance for the past one month. Year-to-date it is 48.43% up and over the past year, the stock is showing a downside performance of -24.51%.
The company is expected to be releasing its next quarterly report on 2025-Mar-17, for which analysts forecasted an EPS of 1.7 while estimate for next year EPS is 7.85. In next quarter, company is expected to be making quarterly sales of $3.92B as analysts are expecting the sales for current fiscal year at $15.54B and seeing the company making $16.63B in sales next year. Moreover, analysts are in estimates of $3.68B 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 84.77% 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 7.25 of forward P/E ratio. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 1.78 while price to sale or P/S ratio amounts to 3.45. Its return on asset (ROA) is -2.47% on average.
