(VIANEWS) – Shares of StoneCo (NASDAQ: STNE) rose by a staggering 21.24% in 10 sessions from $9.23 at 2023-04-03, to $11.19 at 11:54 EST on Thursday, after four successive sessions in a row of gains. NASDAQ is jumping 1.34% to $12,088.78, after three consecutive sessions in a row of losses.
StoneCo’s last close was $10.51, 19.95% under its 52-week high of $13.13.
About StoneCo
StoneCo Ltd. provides financial technology 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 technology and solutions to digital merchants through sales and technical personnel and software vendors, as well as sells solutions to brick-and-mortar and digital merchants through sales team. As of December 31, 2021, the company served approximately 1,766,100 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 -10.31%.
More news about StoneCo (STNE).
