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 -15.07% away from its 52-week high, while its distance from the 52-week low is 38.57%. 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 0.22 million for the day, a number notably lower than the average daily volume of 0.44 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.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MercadoLibre Inc (MELI) has experienced a quarterly decline of -10.28% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 93.08B 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 1,958.29, with a change in price of -164.31. Similarly, MercadoLibre Inc recorded 379,328 in trading volume during the last 100 days, posting a change of -8.21%.
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
MercadoLibre Inc’s raw stochastic average for the past 50 days is presently 37.94%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 82.46%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 89.71% and 75.08%, respectively.
MELI Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 7.97% this year. Over the last six months, there has been a weaker performance of 13.11%. The price of MELI fallen by 2.19% during the last 30 days period. For the last 5-days stocks have improved 4.39%.
