StoneCo Ltd (NASDAQ:STNE) currently has a daily average trading volume of 6.31M but it saw 5861335 shares traded in last market. With a market cap of 4.34B USD, the company’s current market price of $16.0 came falling about -0.87 while comparing to the previous closing price of $16.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.15 and as low as $7.72. In the recent trading on the day, stock has struck highest price mark of $15.64 while lowest mark touched by it was $16.31.
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 4.17% up while it is 13.15% when we observe its performance for the past one month. Year-to-date it is 33.44% up and over the past year, the stock is showing an upside performance of 100.75%.
Currently, StoneCo Ltd’s total number of outstanding shares is 254.62M with 1.77% of that held by the insiders while 81.45% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -6.34% and return on equity (ROE) at -8.85%. It has a 9.02 of forward P/E ratio. Stock’s beta reads 1.90. Stock has a price to book (P/B) ratio of 2.18 while price to sale or P/S ratio amounts to 4.83. Its return on asset (ROA) is -2.23% on average.
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