StoneCo Ltd. (STNE) Insider Trading: What Insights Can Be Gained?

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SNOW Stock
SNOW Stock

As of Wednesday close, StoneCo Ltd.’s (NASDAQ:STNE) stock was down -$0.8, moving down -7.12 percent to $10.44. The average number of shares traded per day over the past five days has been 9,558,620 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.03 fall in that time frame. In the last twenty days, the average volume was 7,103,955, while in the previous 50 days, it was 6,530,376.

Since last month, STNE stock retreated -0.10%. Shares of the company fell to $9.63 on 10/28/22, the lowest level in the past month. A 52-week high of $19.66 was reached on 01/03/22 after having rallying from a 52-week low of $6.81. Since the beginning of this year, STNE’s stock price has dropped by -38.08% or -$6.42, and marked a new high 1 time. However, the stock has declined by -46.90% since its 52-week high.


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Valuation Metrics

The stock’s beta is 2.14. Besides these, the trailing price-to-sales (P/S) ratio of 0.28, the price-to-book (PB) ratio of 1.39, and the price-to-cash flow ratio of 30.21 may also be considered.

Financial Health

In the three months ended September 29, StoneCo Ltd.’s quick ratio stood at 1.30, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.27, and the total debt-to-equity ratio was 0.47. Based on annual data, STNE earned $576.27 million in gross profit and brought in $893.84 million in revenue.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected StoneCo Ltd. to report $0.06 quarterly earnings, the actual figure was $0.11 per share, beating the consensus estimate by 83.30%. During the quarter, the company generated $205.4 million in EBITDA. The liabilities of StoneCo Ltd. were 5.15 billion at the end of its most recent quarter ended September 29, and its total debt was $5.95 billion.

Technical Picture

This quick technical analysis looks at StoneCo Ltd.’s (STNE) price momentum. With a historical volatility rate of 119.78%, the RSI 9-day stood at 46.26% on 23 November.

With respect to its five-day moving average, the current StoneCo Ltd. price is down by -0.29% percent or -$0.03. At present, STNE shares trade +2.15% above its 20-day simple moving average and +26.09% percent above its 100-day simple moving average. However, the stock is currently trading approximately +10.71% above its SMA50 and -19.32% below its SMA200.

Stochastic coefficient K was 50.17% and Stochastic coefficient D was 53.75%, while ATR was 0.91. Given the Stochastic reading of 29.36% for the 14-day period, the RSI (14) reading has been calculated as 48.18%. As of today, the MACD Oscillator reading stands at 0.05, while the 14-day reading stands at 0.18.

Analyst Ratings

StoneCo Ltd. downgraded its rating on StoneCo Ltd. (NASDAQ: STNE) to a Sell in a note to investors on September 06, 2022. The analysts firm previously had a Neutral rating on the stock.StoneCo Ltd. (STNE) has been rated Hold by analysts. According to 4 brokerage firms, STNE is a sell, and 11 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate StoneCo Ltd. stock as buy, with 5 recommending it as overweight.

With a median target price of $63.26, the current consensus forecast for the stock is $32.02 – $106.75. Based on these forecasts, analysts predict StoneCo Ltd. (STNE) will achieve an average price target of $61.78.

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