Previous close | 1,522.65 |
Open | 1,522.65 |
Bid | 1,512.32 x 100 |
Ask | 1,514.91 x 100 |
Day's range | 1,509.34 - 1,534.14 |
52-week range | 1,063.02 - 1,825.00 |
Volume | |
Avg. volume | 399,293 |
Market cap | 76.652B |
Beta (5Y monthly) | 1.45 |
PE ratio (TTM) | 77.46 |
EPS (TTM) | 19.52 |
Earnings date | 01 May 2024 - 06 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 28 Dec 2017 |
1y target est | 1,812.62 |
In the most recent trading session, MercadoLibre (MELI) closed at $1,522.65, indicating a -0.96% shift from the previous trading day.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Latin American e-commerce giant MercadoLibre said on Tuesday it plans to invest a record 23 billion reais ($4.6 billion) in 2024 in Brazil, its main market, a 21.1% increase from 2023. The amount, which includes investments and also some expenses seen by the company as strategic, represents an acceleration on the pace of the company's annual investments in Brazil after a 11.5% rise in 2023. Fernando Yunes, a senior vice-president at MercadoLibre and the leader of its marketplace operations in Brazil, told Reuters this acceleration could be attributed to the firm's intention to keep gaining share in the country in 2024 and to expectations of a slightly better market when compared to last year.