Watch for Continued Gains in Shares of DLocal Limited (DLO)

July 14, 2021 10:18:40

DLocal Limited (NASDAQ:DLO) traded at a new 52-week high today of $56.76. So far today approximately 138,000 shares have been exchanged, as compared to an average 30-day volume of 1.4 million shares.

Over the past year, DLocal Limited has traded in a range of $29.57 to $56.76 and is now at $53.50, 81% above that low.

DLocal Limited (NASDAQ:DLO) is currently priced 35.5% above its average consensus analyst price target of $34.52.

DLocal Ltd is focused on making the complex simple, redefining the online payments experience in emerging markets. Through its technology platform One dLocal, the company enables global enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The company earns revenue from fees charged to merchants in connection with payment processing services for cross-border and local payment transactions.

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