DLO - DLocal Limited Looks to Continue to Trade Above its Annual-High Share Price Today
DLocal Limited (NASDAQ:DLO) traded today at a new 52-week high of $50.86. So far today approximately 138,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
Based on a current price of $48.97, DLocal Limited is currently 35.8% above its average consensus analyst price target of $31.42.
In the past 52 weeks, shares of DLocal Limited have traded between a low of $29.57 and a high of $50.86 and is now at $48.97, which is 66% above that low price.
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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