Witnessing the stock’s movement on the chart, on Wednesday, MercadoLibre Inc (NASDAQ: MELI) had a quiet start as it plunged -1.05% to $2033.32, before settling in for the price of $2055.0 at the close. Taking a more long-term approach, MELI posted a 52-week range of $1646.00-$2645.22.
Nevertheless, stock’s Earnings Per Share (EPS) this year is 9.66%. This publicly-traded company’s shares outstanding now amounts to $50.70 million, simultaneously with a float of $46.84 million. The organization now has a market capitalization sitting at $103.08 billion. At the time of writing, stock’s 50-day Moving Average stood at $2,201.09, while the 200-day Moving Average is $2,274.72.
MercadoLibre Inc (MELI) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Internet Retail industry. MercadoLibre Inc’s current insider ownership accounts for 7.60%, in contrast to 81.16% institutional ownership.
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 1.15. Alongside those numbers, its PE Ratio stands at $49.63, and its Beta score is 1.43. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.94. Similarly, its price to free cash flow for trailing twelve months is now 15.59.
In the same vein, MELI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 40.97, a figure that is expected to reach 11.89 in the next quarter, and analysts are predicting that it will be 60.83 at the market close of one year from today.
Technical Analysis of MercadoLibre Inc (MELI)
Going through the that latest performance of [MercadoLibre Inc, MELI]. Its last 5-days volume of 0.76 million indicated improvement to the volume of 0.43 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 61.60% While, its Average True Range was 44.67.
Raw Stochastic average of MercadoLibre Inc (MELI) in the period of the previous 100 days is set at 20.90%, which indicates a major fall in contrast to 55.28% 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 69.44 that was lower than 72.06 volatility it exhibited in the past 100-days period.
