DLocal Limited (NASDAQ: DLO) is 17.58% higher on its value in year-to-date trading and has touched a low of $6.57 and a high of $18.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DLO stock was last observed hovering at around $13.26 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $13.24, the stock is 8.02% and 11.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.79 million and changing -0.15% at the moment leaves the stock 35.30% off its SMA200. DLO registered -17.40% loss for a year compared to 6-month gain of 84.14%. The firm has a 50-day simple moving average (SMA 50) of $11.7747 and a 200-day simple moving average (SMA200) of $9.792275.
The stock witnessed a 12.59% loss in the last 1 month and extending the period to 3 months gives it a 60.87%, and is -2.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.79% over the week and 3.16% over the month.
DLocal Limited (DLO) has around 901 employees, a market worth around $3.77B and $707.64M in sales. Current P/E ratio is 29.32 and Fwd P/E is 21.65. Profit margin for the company is 18.76%. Distance from 52-week low is 101.37% and -27.53% from its 52-week high. The company has generated returns on investments over the last 12 months (29.81%).
with sales reaching $204.03M over the same period.The EPS is expected to shrink by -7.05% this year, but quarterly earnings will post 14.51% year-over-year. Quarterly sales are estimated to grow 8.53% in year-over-year returns.
The shares outstanding are 161.94M, and float is at 62.59M with Short Float at 17.95%.
The top institutional shareholder in the company is GENERAL ATLANTIC, L.P. with over 63.91 million shares valued at $517.01 million. The investor’s holdings represent 21.5833 of the DLO Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 4.57 million shares valued at $36.94 million to account for 1.542 of the shares outstanding. The other top investors are ALKEON CAPITAL MANAGEMENT LLC which holds 4.55 million shares representing 1.5353 and valued at over $36.78 million, while MARCHO PARTNERS LLP holds 1.3574 of the shares totaling 4.02 million with a market value of $32.51 million.
