StoneCo Stock Bullish Momentum With A 9% Jump So Far Today

(VIANEWS) – Shares of StoneCo (NASDAQ: STNE) rose 9.15% to $9.90 at 13:11 EST on Tuesday, following the last session’s upward trend. NASDAQ is falling 0.37% to $12,039.17, following the last session’s downward trend. This seems, so far, a somewhat negative trend exchanging session today.

StoneCo’s last close was $9.07, 30.92% 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 $0.54.

PE Ratio

StoneCo has a trailing twelve months price to earnings ratio of 18.5. Meaning, the purchaser of the share is investing $18.5 for every dollar of annual earnings.

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%.

Volatility

StoneCo’s last week, last month’s, and last quarter’s current intraday variation average was 0.28%, 0.36%, and 2.61%.

StoneCo’s highest amplitude of average volatility was 0.50% (last week), 2.42% (last month), and 2.61% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, StoneCo’s stock is considered to be oversold (<=20).

Moving Average

StoneCo’s value is above its 50-day moving average of $9.64 and above its 200-day moving average of $9.79.

Volume

Today’s last reported volume for StoneCo is 4243429 which is 16.86% below its average volume of 5104480.

More news about StoneCo (STNE).

Leave a Reply

Your email address will not be published. Required fields are marked *