MercadoLibre Inc (MELI): A Case For Going Higher

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Internet Retail industry segment, falling under the Consumer Cyclical sector. The current market capitalization of MercadoLibre Inc is $106.98B. A total of 0.35 million shares were traded on the day, compared to an average of 371.58K shares.

In the most recent transaction, Calemzuk Emiliano sold 50 shares of MELI for 1984.98 per share on Nov 29 ’24. After the transaction, the Director now owns 238 company shares. In a previous transaction on Nov 27 ’24, Calemzuk Emiliano bought 50 shares at 2084.60 per share.

Among the insiders who bought shares, Meliga No.1 Limited Partnershi acquired of 100,000 shares on Aug 13 ’24 at a per-share price of $1883.62.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MELI has a high of $2161.73 and a low of $1324.99.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MELI’s latest balance sheet shows that the firm has $2.79B in Cash & Short Term Investments as of fiscal 2021. There were $3.98B in debt and $5.84B in liabilities at the time. Its Book Value Per Share was $78.94, while its Total Shareholder’s Equity was $1.53B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MELI is Buy with a score of 4.78.

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