DLO Stock Summary and Trading Ideas (Dlocal Limited - Class A Common Shares | NASDAQ:DLO)

DLocal Ltd is focused on making the complex simple, redefining the online payment 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. The company's geographical segments include Latin America and Non-Latin America with a majority of its revenue being generated from Brazil in Latin America region.

Dlocal Limited - Class A Common Shares trades on the NASDAQ stock market under the symbol DLO.

As of November 7, 2024, DLO stock price declined to $8.39 with 555,716 million shares trading.

DLO has a beta of 0.49, meaning it tends to be less sensitive to market movements. DLO has a correlation of 0.01 to the broad based SPY ETF.

DLO has a market cap of $2.42 billion. This is considered a Mid Cap stock.

Last quarter Dlocal Limited - Class A Common Shares reported $171 million in Revenue and $.15 earnings per share. This fell short of revenue expectation by $-36 million and exceeded earnings estimates by $.05.

In the last 3 years, DLO traded as high as $51.18 and as low as $6.57.

The top ETF exchange traded funds that DLO belongs to (by Net Assets): KOMP, FDIG, FINX, IPAY, TMAT.

DLO has underperformed the market in the last year with a price return of -53.9% while the SPY ETF gained +38.3%. However, in the short term, DLO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +16.7% vs +14.4% return in SPY. But in the last 2 weeks, DLO shares have been beat by the market, returning -4.9% compared to an SPY return of +3.0%.

DLO support price is $8.39 and resistance is $8.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DLO shares will trade within this expected range on the day.