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DLocal Limited (DLO) Volatility At 5.18%, Should You Add A Position?

DLocal Limited (NASDAQ: DLO) is -26.91% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DLO stock was last observed hovering at around $8.52 in the last trading session, with the day’s loss setting it -0.29%.

Currently trading at $8.23, the stock is -26.30% and -30.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing -3.40% at the moment leaves the stock -14.57% off its SMA200. DLO registered -51.59% loss for a year compared to 6-month gain of -2.02%. The firm has a 50-day simple moving average (SMA 50) of $11.7848 and a 200-day simple moving average (SMA200) of $9.63325.

The stock witnessed a -36.40% loss in the last 1 month and extending the period to 3 months gives it a -29.90%, and is -11.03% 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 5.18% over the week and 5.49% over the month.

DLocal Limited (DLO) has around 901 employees, a market worth around $2.34B and $707.64M in sales. Current P/E ratio is 18.22 and Fwd P/E is 10.34. Profit margin for the company is 18.76%. Distance from 52-week low is 25.17% and -54.95% from its 52-week high. The company has generated returns on investments over the last 12 months (29.81%).

The EPS is expected to grow by 49.82% this year

136.0 institutions hold shares in DLocal Limited (DLO), with institutional investors hold 81.07% of the company’s shares. The shares outstanding are 161.94M, and float is at 62.60M with Short Float at 13.67%. Institutions hold 70.18% of the Float.

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 21.7792 of the DLO Shares outstanding. As of 2024-06-30, the second largest holder is ALKEON CAPITAL MANAGEMENT LLC with 4.55 million shares valued at $36.78 million to account for 1.5492 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 4.57 million shares representing 1.542 and valued at over $36.94 million, while MARCHO PARTNERS LLP holds 1.3697 of the shares totaling 4.02 million with a market value of $32.51 million.

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