StoneCo Ltd (NASDAQ:STNE) price is hovering lower on Tuesday, April 16, dropping -1.93% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $15.67. The company’s P/E ratio in the trailing 12-month period read 16.45. Taking into account the 52-week price action we note that the stock hit a 52-week high of $19.46 and 52-week low of $9.34. The stock subtracted -11.17% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give STNE a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.21. The overview shows that STNE’s price is at present -7.39% off the SMA20 and -9.18% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 37.02, with weekly volatility standing at 4.13%. The indicator jumps to 4.26% when calculated based on the past 30 days. StoneCo Ltd (NASDAQ:STNE)’s beta value is holding at 2.39, while the average true range (ATR) indicator is currently reading 0.69.
An analysis of the StoneCo Ltd (NASDAQ:STNE) stock in terms of its daily trading volume indicates that the 3-month average is 5.37 million.
Current records show that the company has 290.19M in outstanding shares. The insiders’ percentage holdings are 16.64% of outstanding shares while the percentage share held by institutions stands at 66.48%. But the -14.77% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
