Intraday Alerts

Stock Alert: PagSeguro Digital Up 4%

Shares of Brazilian e-commerce company PagSeguro Digital Ltd. (PAGS) are trading up 4 percent on Thursday as the company released summary operating metrics for the first quarter of 2021.

In the period, consolidated Total Payment Volume or TPV was R$81.4 billion, up 102 percent from last year. Active merchants stood at 7.3 million, with 301 thousand being added in the first quarter.

The company will announce its first-quarter results on June 3. Analysts polled by Thomson Reuters anticipate earnings of $0.19 per share on revenues of $373.3 million in the quarter.

The stock is currently trading at $45.06, up $1.95 or 4% on the NYSE.

PAGS has traded between $25.88 and $62.83 during the past 52 weeks.

by RTTNews Staff Writer

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