DLocal Limited (NASDAQ: DLO) is 43.88% higher on its value in year-to-date trading and has touched a low of $6.27 and a high of $13.60 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 $10.20 in the last trading session, with the day’s gains setting it 912.44%.
Currently trading at $922.64K, the stock is -1.87% and 6.51% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing 2470524% at the moment leaves the stock 5.40% off its SMA200. DLO registered -4.42% loss for a year compared to 6-month loss of -10.54%. The firm has a 50-day simple moving average (SMA 50) of $9.9096 and a 200-day simple moving average (SMA200) of $10.161725.
The stock witnessed a -6.09% gain in the last 1 month and extending the period to 3 months gives it a 14.00%, and is 4.59% up 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 1.95% over the week and 2.33% over the month.
Current P/E ratio is 22.72 and Fwd P/E is 13.14. Profit margin for the company is 18.76%. Distance from 52-week low is 63.68% and -24.56% from its 52-week high. The company has generated returns on investments over the last 12 months (27.00%).
The EPS is expected to grow by 52.48% this year.
DLocal Limited (DLO) Top Institutional Holders
129.0 institutions hold shares in DLocal Limited (DLO), with institutional investors hold 75.47% of the company’s shares. The shares outstanding are 285.48M, and float is at 58.78M with Short Float at 17.67%. Institutions hold 62.88% 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 MORGAN STANLEY with 4.57 million shares valued at $36.94 million to account for 1.556 of the shares outstanding. The other top investors are ALKEON CAPITAL MANAGEMENT LLC which holds 4.55 million shares representing 1.5492% and valued at over $36.78 million, while MARCHO PARTNERS LLP holds 1.3697 of the shares totaling 4.02 million with a market value of $32.51 million.
