The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. MercadoLibre Inc’s current trading price is -5.41% away from its 52-week high, while its distance from the 52-week low is 54.32%. The stock’s price range for this period has been between $1324.99 and $2161.73 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 0.28 million for the day, a number notably lower than the average daily volume of 0.38 million over the last three months.
In terms of market performance, MercadoLibre Inc had a fairly even. The highest value for the stock in the past year was $2161.73 on 09/26/24, and the lowest value was recorded at $1324.99 on 04/22/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MercadoLibre Inc (MELI) has experienced a quarterly rise of 1.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 103.66B and boasts a workforce of 58313 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1,950.91, with a change in price of +322.71. Similarly, MercadoLibre Inc recorded 363,963 in trading volume during the last 100 days, posting a change of +18.74%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MELI stands at 2.01. Similarly, the long-term debt-to-equity ratio is also 0.98.
MELI Stock Stochastic Average
As of today, MercadoLibre Inc’s raw stochastic average for the last 50 days stands at 71.60%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 74.29%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 86.35% and 81.50%, respectively.
MELI Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant gain of 30.11% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 20.28%. Over the past 30 days, the price of MELI has fallen by 0.90%. And in the last five days, it has surged by 5.88%.
