StoneCo Ltd. (NASDAQ:STNE) traded at a new 52-week high today of $90.98. Approximately 298,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.
StoneCo Ltd is a provider of financial technology solutions. The company offers solutions that empower merchants and integrated partners to conduct electronic commerce seamlessly across in-store, online, and mobile channels in Brazil. Its Stone Business Model combines advanced, end-to-end, cloud-based technology platforms; differentiated hyper-local and integrated distribution approaches; and white-glove, on-demand customer service.
StoneCo Ltd. share prices have moved between a 52-week high of $90.98 and a 52-week low of $17.72 and are now trading 408% above that low price at $90.10 per share.
StoneCo Ltd. (NASDAQ:STNE) has potential upside of 18.5% based on a current price of $90.10 and analysts’ consensus price target of $106.78.
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