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StoneCo Stock Went Up By Over 27% In The Last 21 Sessions

(VIANEWS) – Shares of StoneCo (NASDAQ: STNE) jumped by a staggering 27.95% in 21 sessions from $9.23 at 2023-04-03, to $11.81 at 15:54 EST on Thursday, following the last session’s downward trend. NASDAQ is jumping 2.48% to $12,148.17, following the last session’s upward trend.

StoneCo’s last close was $11.72, 7.21% under its 52-week high of $12.63.

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 $-0.33.

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%.

Yearly Top and Bottom Value

StoneCo’s stock is valued at $11.81 at 15:54 EST, under its 52-week high of $12.63 and way higher than its 52-week low of $6.81.

More news about StoneCo (STNE).

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