In Wednesday’s Wall Street session, StoneCo Ltd (NASDAQ:STNE) shares traded at $16.63, up 1.96% from the previous session.
STNE stock price is now 16.55% away from the 50-day moving average and 49.19% away from the 200-day moving average. The market capitalization of the company currently stands at $4.52B.
On September 05, 2024, Morgan Stanley Downgraded its previous ‘Equal-Weight’ rating to ‘Underweight’ on the stock reducing its target price from $16.50 to quote $7, while ‘UBS’ rates the stock as ‘Buy’
In other news, Mali Investment Holdings Ltd., Director bought 34,500 shares of the company’s stock on Mar 24 ’25. The stock was bought for $401,109 at an average price of $11.63. A total of 8.35% of the company’s stock is owned by insiders.
During the past 12 months, StoneCo Ltd has had a low of $7.72 and a high of $16.35. As of last week, the company has a debt-to-equity ratio of 1.18, a current ratio of 1.39, and a quick ratio of 1.39. The fifty day moving average price for STNE is $14.2686 and a two-hundred day moving average price translates $11.1467 for the stock.
The latest earnings results from StoneCo Ltd (NASDAQ: STNE) was released for 2025-03-31. The net profit margin was -24.50% and return on equity was -8.85% for STNE. The company reported revenue of $626.46 million for the quarter, compared to $622.84 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.58 percent.
