StoneCo Ltd (STNE) concluded trading on Wednesday at a closing price of $12.01, with 2.27 million shares of worth about $27.28 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.03% during that period and on Wednesday the price saw a gain of about 1.87%. Currently the company’s common shares owned by public are about 290.19M shares, out of which, 258.01M shares are available for trading.
Stock saw a price change of 1.79% in past 5 days and over the past one month there was a price change of -11.56%. Year-to-date (YTD), STNE shares are showing a performance of -33.38% which decreased to -5.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.34 but also hit the highest price of $19.46 during that period. The average intraday trading volume for StoneCo Ltd shares is 5.33 million. The stock is currently trading -2.72% below its 20-day simple moving average (SMA20), while that difference is down -15.30% for SMA50 and it goes to -18.42% lower than SMA200.
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StoneCo Ltd (NASDAQ: STNE) currently have 290.19M outstanding shares and institutions hold larger chunk of about 63.99% of that.
The stock has a current market capitalization of $3.71B and its 3Y-monthly beta is at 2.32. PE ratio of stock for trailing 12 months is 11.57, while it has posted earnings per share of $1.04 in the same period. Its PEG reads 0.36 and has Quick Ratio of 1.36 while making debt-to-equity ratio of 0.40. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for STNE, volatility over the week remained 2.83% while standing at 2.92% over the month.
Stock’s fiscal year EPS is expected to rise by 39.94% while it is estimated to increase by 21.23% in next year. EPS is likely to grow at an annualized rate of 31.80% for next 5-years, compared to annual growth of 23.53% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on June 06, 2024 offering an Overweight rating for the stock and assigned a target price of $20 to it. Coverage by UBS stated StoneCo Ltd (STNE) stock as a Neutral in their note to investors on February 01, 2024, suggesting a price target of $21 for the stock. Stock get a Buy rating from UBS on August 03, 2023.
