(VIANEWS) – Shares of StoneCo (NASDAQ: STNE) rose by a staggering 27.37% in 10 sessions from $8.95 at 2023-04-04, to $11.40 at 13:07 EST on Friday, after five consecutive sessions in a row of gains. NASDAQ is dropping 0.86% to $12,062.02, following the last session’s upward trend.
StoneCo’s last close was $11.39, 13.25% below 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 $-0.37.
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%.
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