DLocal Limited (DLO) Stock: Navigating the Market Volatility

The stock of DLocal Limited (DLO) has seen a -5.99% decrease in the past week, with a 2.41% gain in the past month, and a -12.77% decrease in the past quarter. The volatility ratio for the week is 2.66%, and the volatility levels for the past 30 days are at 3.76% for DLO. The simple moving average for the last 20 days is -2.03% for DLO stock, with a simple moving average of -10.36% for the last 200 days.

Is It Worth Investing in DLocal Limited (NASDAQ: DLO) Right Now?

The price-to-earnings ratio for DLocal Limited (NASDAQ: DLO) is above average at 32.02x, Company’s 36-month beta value is 0.88.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for DLO is 74.02M, and currently, short sellers hold a 8.22% ratio of that floaft. The average trading volume of DLO on April 18, 2024 was 1.10M shares.

DLO) stock’s latest price update

The stock of DLocal Limited (NASDAQ: DLO) has decreased by -1.65 when compared to last closing price of 15.62. Despite this, the company has experienced a -5.99% fall in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-15 that The past couple of years have been an uphill battle for fintech stocks. Despite strong underlying business performance, most names in the space have lagged the broader market’s recovery.

Analysts’ Opinion of DLO

Many brokerage firms have already submitted their reports for DLO stocks, with New Street repeating the rating for DLO by listing it as a “Buy.” The predicted price for DLO in the upcoming period, according to New Street is $24 based on the research report published on January 09, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see DLO reach a price target of $18, previously predicting the price at $15. The rating they have provided for DLO stocks is “Equal Weight” according to the report published on December 11th, 2023.

BofA Securities gave a rating of “Neutral” to DLO, setting the target price at $16 in the report published on August 03rd of the previous year.

DLO Trading at -5.72% from the 50-Day Moving Average

After a stumble in the market that brought DLO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.56% of loss for the given period.

Volatility was left at 3.76%, however, over the last 30 days, the volatility rate increased by 2.66%, as shares sank -1.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.85% lower at present.

During the last 5 trading sessions, DLO fell by -5.78%, which changed the moving average for the period of 200-days by +24.35% in comparison to the 20-day moving average, which settled at $15.67. In addition, DLocal Limited saw -13.16% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for DLO

Current profitability levels for the company are sitting at:

  • 0.28 for the present operating margin
  • 0.43 for the gross margin

The net margin for DLocal Limited stands at 0.23. The total capital return value is set at 0.39. Equity return is now at value 34.59, with 15.18 for asset returns.

Based on DLocal Limited (DLO), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 74.16. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 310.83.

Currently, EBITDA for the company is 122.08 million with net debt to EBITDA at -1.79. When we switch over and look at the enterprise to sales, we see a ratio of 6.64. The receivables turnover for the company is 2.04for trailing twelve months and the total asset turnover is 0.6. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.

Conclusion

In a nutshell, DLocal Limited (DLO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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