DLocal Limited [NASDAQ: DLO] gained 12.83% or 1.16 points to close at $10.20 with a heavy trading volume of 11468626 shares.
The daily chart for DLO points out that the company has recorded 4.62% gains over the past six months.
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If we look at the average trading volume of 1.25M shares, DLO reached to a volume of 11468626 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about DLocal Limited [DLO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DLO shares is $10.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DLO stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for DLocal Limited shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 26, 2024. While these analysts kept the previous recommendation, UBS raised their target price from $13 to $9. The new note on the price target was released on June 20, 2024, representing the official price target for DLocal Limited stock. Previously, the target price had yet another raise to $17, while Citigroup analysts kept a Neutral rating on DLO stock. On January 09, 2024, analysts increased their price target for DLO shares from 18 to 24.
The Average True Range (ATR) for DLocal Limited is set at 0.56, with the Price to Sales ratio for DLO stock in the period of the last 12 months amounting to 4.11. The Price to Book ratio for the last quarter was 6.83, with the Price to Cash per share for the same quarter was set at 2.29. Price to Free Cash Flow for DLO in the course of the last twelve months was 17.57 with Quick ratio for the last quarter at 1.50.
Trading performance analysis for DLO stock
DLocal Limited [DLO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.57. With this latest performance, DLO shares gained by 10.03% in over the last four-week period, additionally plugging by 4.62% over the last 6 months – not to mention a drop of -45.95% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DLO stock in for the last two-week period is set at 67.51, with the RSI for the last a single of trading hit 72.51, and the three-weeks RSI is set at 64.22 for DLocal Limited [DLO]. The present Moving Average for the last 50 days of trading for this stock 8.67, while it was recorded at 9.13 for the last single week of trading, and 11.03 for the last 200 days.
DLocal Limited [DLO]: A deeper dive into fundamental analysis
DLocal Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.50.
DLocal Limited [DLO]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DLO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for DLocal Limited go to 5.18%.
An analysis of Institutional ownership at DLocal Limited [DLO]
The top three institutional holders of DLO stocks are: GENERAL ATLANTIC, L.P. with ownership of 63.91 million shares, which is approximately 21.5833%. MORGAN STANLEY, holding 4.57 million shares of the stock with an approximate value of $$36.94 million in DLO stocks shares; and MORGAN STANLEY, currently with $$36.78 million in DLO stock with ownership which is approximately 1.5353%.
