(VIANEWS) – Shares of StoneCo (NASDAQ: STNE) rose by a staggering 34.09% in 21 sessions from $10.18 at 2023-04-11, to $13.65 at 14:42 EST on Tuesday, after four successive sessions in a row of gains. NASDAQ is sliding 0.43% to $12,203.81, after two consecutive sessions in a row of gains.
StoneCo’s last close was $13.81, 1.17% above its 52-week high of $13.65.
About StoneCo
StoneCo Ltd. provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil. It distributes its solutions, principally through proprietary Stone Hubs, which offer hyper-local sales and services; and sells solutions to brick-and-mortar and digital merchants through sales team. The company served approximately 2.6 million clients primarily small-and-medium-sized businesses; and marketplaces, e-commerce platforms, and integrated software vendors. StoneCo Ltd. was founded in 2000 and is headquartered in George Town, the Cayman Islands.
Earnings Per Share
As for profitability, StoneCo has a trailing twelve months EPS of $-0.38.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -3.96%.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 62.5% and 220%, respectively.
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