At the last check on Thursday, DLocal Limited’s (NASDAQ:DLO) stock was down -$0.21, moving down -1.02 percent to $20.24. The average number of shares traded per day over the past five days has been 11,586,339 shares. 4 times new highs have been achieved over the past 5 days, with a $7.73 gain in that time frame. In the last twenty days, the average volume was 3,585,765, while in the previous 50 days, it was 2,244,816.
Since last month, DLO stock rose 40.08%. Shares of the company fell to $12.34 on 08/14/23, the lowest level in the past month. A 52-week high of $30.50 was reached on 08/16/23 after having rallying from a 52-week low of $9.03. Since the beginning of this year, DLO’s stock price has risen by 30.00% or $4.89, and marked a new high 8 times. However, the stock has declined by -33.65% since its 52-week high.
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Valuation Metrics
Right now, DLocal Limited (DLO) has a P/E ratio of about 53.69. The stock’s beta is 0.88. Besides these, the trailing price-to-sales (P/S) ratio of 12.73, the price-to-book (PB) ratio of 15.69, and the price-to-cash flow ratio of 39.93 may also be considered.
Financial Health
In the three months ended June 29, DLocal Limited’s quick ratio stood at 1.80, while its current ratio was 1.80, 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 June 29 was 0.01, and the total debt-to-equity ratio was 0.01. On the profitability front, the trailing twelve-month gross margin is 47.00% percent. In the year ended June 29, EBITDA margin amounted to 36.67%, whereas operating margins totaled 29.50%. Based on annual data, DLO earned $202.17 million in gross profit and brought in $418.93 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 28.80%. Return on equity (ROE) for the past 12 months was 31.00%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DLO’s revenue rose 41.73% during the quarter, while net income inched up to $418.93 million. While analysts expected DLocal Limited to report $0.13 quarterly earnings, the actual figure was $0.15 per share, beating the consensus estimate by 15.40%. During the quarter, the company generated $41.73 million in EBITDA. The liabilities of DLocal Limited were 468.29 million at the end of its most recent quarter ended June 29, and its total debt was $4.0 million.
Technical Picture
This quick technical analysis looks at DLocal Limited’s (DLO) price momentum. With a historical volatility rate of 159.97%, the RSI 9-day stood at 86.44% on 16 August.
With respect to its five-day moving average, the current DLocal Limited price is up by +60.72% percent or $7.73. At present, DLO shares trade +40.14% above its 20-day simple moving average and +33.12% percent above its 100-day simple moving average. However, the stock is currently trading approximately +105.22% above its SMA50 and -6.87% below its SMA200.
Stochastic coefficient K was 76.71% and Stochastic coefficient D was 64.22%, while ATR was 1.71. Given the Stochastic reading of 68.37% for the 14-day period, the RSI (14) reading has been calculated as 81.45%. As of today, the MACD Oscillator reading stands at 3.78, while the 14-day reading stands at 3.98.
Analyst Ratings
DLocal Limited downgraded its rating on DLocal Limited (NASDAQ: DLO) to a Neutral in a note to investors on August 03, 2023. The analysts firm previously had a Buy rating on the stock.DLocal Limited (DLO) has been rated Hold by analysts. According to 3 brokerage firms, DLO is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate DLocal Limited stock as buy, with 3 recommending it as overweight.
With a median target price of $16.00, the current consensus forecast for the stock is $10.00 – $25.00. Based on these forecasts, analysts predict DLocal Limited (DLO) will achieve an average price target of $17.50.
