Hot Stock Overview: Mercadolibre inc (NASDAQ:MELI)

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Mercadolibre inc (NASDAQ:MELI) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Mercadolibre inc (NASDAQ:MELI) gained 11.6 Percent and closed its previous trading session at $384.39. The stock traded with the average Volume of 871.5 Million at the end of last session.

Mercadolibre inc (NASDAQ:MELI) has the Market Capitalization of 17.09 Billion. The Stock has its 52-week High of $417.91 and 52-Week Low of $217.06 and it touched its 52-week high on 03/13/18 and 52-Week Low on 10/25/17

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The company reported its last earnings Actual EPS of $-0.25/share. While, the analyst predicted that the company could provide an EPS of $-0.1/share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.15/share which shows an Earnings Surprise of -150 Percent.

Sell side analysts plays vital role in buying and selling a stock where 1 analysts rated Mercadolibre inc (NASDAQ:MELI) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 9.49% where SMA50 and SMA200 are 20.26% and 18.52% respectively.

The company shows its Return on Assets (ROA) value of -2.9%. The Return on Equity (ROE) value stands at -13.2%. While it’s Return on Investment (ROI) value is 14.5%.

Mercadolibre inc (NASDAQ:MELI) currently has a Weekly Volatility of 5.67% percent while its Monthly Volatility is at 4.95% percent. While talking about Performance of the Stock, Mercadolibre inc currently has a Weekly performance of 13.3%, monthly performance percentage is 26.76 percent, Quarterly performance is 21.4 percent, 6 months performance shows a percent value of 11.32% and Yearly Performance is 52.83 percent.

Company Profile:

MercadoLibre is the largest online trading platform in Latin America. We are market leaders in e-commerce in each of Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela, based on unique visitors and page views. Additionally, we have recently launched online trading platforms in Costa Rica, the Dominican Republic and Panama. With a market of over Five fifty million people and a region with one of the world’s fastest-growing Internet penetration rates, we provide buyers and sellers a robust online trading environment that fosters the development of a large and growing e-commerce community. We offer a technological and commercial solution that addresses the distinctive cultural and geographic challenges of operating an online trading platform in Latin America.

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