Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
StoneCo Ltd (NASDAQ: STNE) closed the day trading at $11.32 up 1.98% from the previous closing price of $11.10. In other words, the price has increased by $1.98 from its previous closing price. On the day, 8.32 million shares were traded. STNE stock price reached its highest trading level at $11.4 during the session, while it also had its lowest trading level at $11.01.
Ratios:
For a better understanding of STNE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 0.67.
On September 05, 2024, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also lowered its target price recommendation from $16.50 to $7.
UBS Upgraded its Neutral to Buy on July 08, 2024, whereas the target price for the stock was revised from $21 to $17.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STNE now has a Market Capitalization of 3105053184 and an Enterprise Value of 10439373824. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 0.819 whereas that against EBITDA is 1.629.
Stock Price History:
The Beta on a monthly basis for STNE is 2.05, which has changed by -0.31971157 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, STNE has reached a high of $17.93, while it has fallen to a 52-week low of $7.72. The 50-Day Moving Average of the stock is 20.72%, while the 200-Day Moving Average is calculated to be 3.63%.
Shares Statistics:
Over the past 3-months, STNE traded about 6.28M shares per day on average, while over the past 10 days, STNE traded about 7469070 shares per day. A total of 269.09M shares are outstanding, with a floating share count of 246.59M. Insiders hold about 16.39% of the company’s shares, while institutions hold 71.70% stake in the company. Shares short for STNE as of 1740700800 were 33977529 with a Short Ratio of 5.41, compared to 1738281600 on 24717019. Therefore, it implies a Short% of Shares Outstanding of 33977529 and a Short% of Float of 12.520000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
