DLocal Limited (DLO) volume exceeds 2.04 million: A new investment opportunity for investors

DLocal Limited (NASDAQ: DLO) on Monday, soared 3.65% from the previous trading day, before settling in for the closing price of $10.95. Within the past 52 weeks, DLO’s price has moved between $6.57 and $18.76.

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Annual sales at Technology sector company grew by 87.40% over the past five years. The company achieved an average annual earnings per share of -7.84%. With a float of $62.59 million, this company’s outstanding shares have now reached $161.94 million.

Let’s look at the performance matrix of the company that is accounted for 901 employees. In terms of profitability, gross margin is 38.48%, operating margin of 19.09%, and the pretax margin is 20.04%.

DLocal Limited (DLO) Insider Updates

Observing investor behavior towards Software – Infrastructure industry stocks is more important than anything else. The insider ownership of DLocal Limited is 78.02%, while institutional ownership is 13.62%. The most recent insider transaction that took place on Nov 22 ’24, was worth 677,329.

DLocal Limited (DLO) Performance Highlights and Predictions

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.14 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.15) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -7.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.33% during the next five years compared to 75.30% growth over the previous five years of trading.

DLocal Limited (NASDAQ: DLO) Trading Performance Indicators

DLocal Limited (DLO) is currently performing well based on its current performance indicators. A quick ratio of 1.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.66. Likewise, its price to free cash flow for the trailing twelve months is 19.94.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.45, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.61 in one year’s time.

Technical Analysis of DLocal Limited (DLO)

DLocal Limited (NASDAQ: DLO) saw its 5-day average volume 1.87 million, a positive change from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 76.33%. Additionally, its Average True Range was 0.55.

During the past 100 days, DLocal Limited’s (DLO) raw stochastic average was set at 91.74%, which indicates a significant increase from 87.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.69% in the past 14 days, which was higher than the 47.27% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.98, while its 200-day Moving Average is $10.84. Nevertheless, the first resistance level for the watch stands at $11.47 in the near term. At $11.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.79. If the price goes on to break the first support level at $11.15, it is likely to go to the next support level at $10.96. Assuming the price breaks the second support level, the third support level stands at $10.83.

DLocal Limited (NASDAQ: DLO) Key Stats

Market capitalization of the company is 3.30 billion based on 295,992K outstanding shares. Right now, sales total 650,350 K and income totals 148,960 K. The company made 185,770 K in profit during its latest quarter, and 26,780 K in sales during its previous quarter.