Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Dlocal Ltd before investing.

In this article, we go over a few key elements for understanding Dlocal Ltd’s stock price such as:

• Dlocal Ltd’s current stock price and volume
• Why Dlocal Ltd’s stock price changed recently
• Upgrades and downgrades for DLO from analysts
• DLO’s stock price momentum as measured by its relative strength

About Dlocal Ltd (DLO)

Before we jump into Dlocal Ltd’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Dlocal Ltd, an Uruguay-based company, is focused on enabling global merchants to connect with emerging market users. The Company offers payment platform for emerging markets. Through the Company's direct application programming interface (API), one technology platform, and one contract, which is collectively referred as the One dLocal model. 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's cloud-based platform powers both cross-border and local-to-local transactions in approximately 29 countries. The Company enables global merchants to connect with over 600 local payment methods across different geographies, which expands their addressable markets. It operates in different verticals and geographies. The Company's key verticals include retail, streaming, ride hailing, financial institutions, advertising, software as a service (SaaS), travel, e-learning and gaming.

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Dlocal Ltd’s Stock Price as of Market Close

As of March 19, 2024, 4:00 PM, CST, Dlocal Ltd’s stock price was $15.00.

Dlocal Ltd is down 17.49% from its previous closing price of $18.18.

During the last market session, Dlocal Ltd’s stock traded between $17.64 and $18.27. Currently, there are 289.41 million shares of Dlocal Ltd stock available for purchase.

Dlocal Ltd’s price-earnings (P/E) ratio is currently at 40.2, which is high compared to the Business Support Services industry median of 26.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Dlocal Ltd Stock Price History

Dlocal Ltd’s (DLO) price is currently down 9.96% so far this month.

During the month of March, Dlocal Ltd’s stock price has reached a high of $18.27 and a low of $14.58.

Over the last year, Dlocal Ltd has hit prices as high as $24.22 and as low as $9.04. Year to date, Dlocal Ltd’s stock is down 3.66%.

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What Caused Dlocal Ltd Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of March 18, 2024,, no analysts have changed their rating of Dlocal Ltd’s stock over the last month.

Additionally, you'll want to evaluate Dlocal Ltd’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Dlocal Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Dlocal Ltd’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Dlocal Ltd (DLO) by visiting AAII Stock Evaluator.

Relative Price Strength of Dlocal Ltd

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 18, 2024, Dlocal Ltd has a weighted four-quarter relative price strength of 2.86%, which translates to a Momentum Score of 77 and is considered to be Strong.

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Dlocal Ltd Stock Price: Bottom Line

As of March 19, 2024, Dlocal Ltd’s stock price is $15.00, which is down 17.49% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Dlocal Ltd stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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