DLocal Limited (NASDAQ:DLO) Given Consensus Rating of "Hold" by Analysts

DLocal Limited (NASDAQ:DLO - Get Free Report) has been assigned a consensus rating of "Hold" from the eight research firms that are currently covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $11.81.

A number of research analysts have recently issued reports on the company. Susquehanna lifted their price target on DLocal from $14.00 to $16.00 and gave the company a "positive" rating in a report on Wednesday, January 29th. Barclays raised their price objective on DLocal from $9.00 to $10.00 and gave the company an "equal weight" rating in a research report on Friday, January 17th. Finally, The Goldman Sachs Group boosted their target price on shares of DLocal from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Thursday, February 13th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Vident Advisory LLC grew its stake in shares of DLocal by 6.3% during the fourth quarter. Vident Advisory LLC now owns 15,622 shares of the company's stock worth $176,000 after acquiring an additional 929 shares during the last quarter. State of Wyoming raised its holdings in shares of DLocal by 12.3% in the fourth quarter. State of Wyoming now owns 28,240 shares of the company's stock worth $318,000 after buying an additional 3,087 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of DLocal by 4.7% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 131,277 shares of the company's stock worth $1,478,000 after buying an additional 5,853 shares during the last quarter. J. Goldman & Co LP lifted its stake in shares of DLocal by 175.5% during the fourth quarter. J. Goldman & Co LP now owns 1,351,181 shares of the company's stock worth $15,214,000 after buying an additional 860,681 shares during the period. Finally, Crestline Management LP grew its holdings in shares of DLocal by 148.2% during the fourth quarter. Crestline Management LP now owns 134,903 shares of the company's stock valued at $1,519,000 after buying an additional 80,551 shares during the last quarter. 90.13% of the stock is owned by institutional investors and hedge funds.

DLocal Stock Down 3.9 %

DLO stock traded down $0.52 during trading on Monday, hitting $12.89. 3,524,295 shares of the company's stock traded hands, compared to its average volume of 864,257. The firm has a market capitalization of $3.82 billion, a P/E ratio of 32.23, a PEG ratio of 3.28 and a beta of 0.90. DLocal has a 1 year low of $6.57 and a 1 year high of $18.27. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.01. The business has a fifty day simple moving average of $12.15 and a two-hundred day simple moving average of $10.15.

About DLocal

DLocal Limited operates a payment processing platform worldwide. The company offers pay-in solution which the business and get paid for their products and services through various payment methods, including international and local cards, online bank transfers and direct debit, cash, and alternative payment methods.