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 December 13, 2024, DLO stock price climbed to $11.73 with 816,067 million shares trading.

DLO has a beta of -0.04, meaning it tends to be less sensitive to market movements. DLO has a correlation of 0.00 to the broad based SPY ETF.

DLO has a market cap of $3.39 billion. This is considered a Mid Cap stock.

Last quarter Dlocal Limited - Class A Common Shares reported $186 million in Revenue and $.15 earnings per share. This beat revenue expectation by $4 million and exceeded earnings estimates by $.05.

In the last 3 years, DLO traded as high as $37.30 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 return of -30.6%, while SPY returned +31.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in DLO shares. However, DLO has outperformed the market in the last 3 month and 2 week periods, returning +37.8% and +2.9%, while SPY returned +8.4% and +0.9%, respectively. This indicates DLO has been having a stronger performance recently.

DLO support price is $11.36 and resistance is $12.02 (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.