MercadoLibre Inc (MELI) PE Ratio stood at $71.24: Odds are Looking Good After Recent Activity

MercadoLibre Inc (NASDAQ: MELI) flaunted slowness of -4.62% at $1970.72, before settling in for the price of $2066.12 at the close. Taking a more long-term approach, MELI posted a 52-week range of $1141.04-$2161.73.

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The company of the Consumer Cyclical sector’s yearbook sales growth during the past 5- year span was recorded 59.37%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 92.51%. This publicly-traded company’s shares outstanding now amounts to $50.70 million, simultaneously with a float of $46.91 million. The organization now has a market capitalization sitting at $99.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $1,954.16, while the 200-day Moving Average is $1,698.88.

MercadoLibre Inc (MELI) Ownership Facts and Figures

Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the MercadoLibre Inc industry. MercadoLibre Inc’s current insider ownership accounts for 7.46%, in contrast to 81.78% institutional ownership.

MercadoLibre Inc (MELI) Earnings and Revenue Records

MercadoLibre Inc’s EPS increase for this current 12-month fiscal period is 92.51% and is forecasted to reach 50.27 in the upcoming year.

MercadoLibre Inc (NASDAQ: MELI) Trading Performance Indicators

Let’s observe the current performance indicators for MercadoLibre Inc (MELI). It’s Quick Ratio in the last reported quarter now stands at 1.26. The Stock has managed to achieve an average true range (ATR) of 51.37. Alongside those numbers, its PE Ratio stands at $71.24, and its Beta score is 1.61. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.73. Similarly, its price to free cash flow for trailing twelve months is now 30.41.

In the same vein, MELI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 27.66, a figure that is expected to reach 10.47 in the next quarter, and analysts are predicting that it will be 50.27 at the market close of one year from today.

Technical Analysis of MercadoLibre Inc (MELI)

Now, what If we examine the latest scores posted by [MercadoLibre Inc, MELI]. During the last 5-days, its volume was better the volume of 0.36 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 17.51% While, its Average True Range was 52.18.

Raw Stochastic average of MercadoLibre Inc (MELI) in the period of the previous 100 days is set at 68.78%, which indicates a major rise in contrast to 8.74% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.96% that was lower than 33.04% volatility it exhibited in the past 100-days period.