Mercadolibre Inc (MELI) stock is up 55.28% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives MELI stock a score of 35 out of a possible 100.
That rank is chiefly influenced by a long-term technical score of 27. MELI's rank also includes a short-term technical score of 28. The fundamental score for MELI is 49. In addition to the average rating from Wall Street analysts, MELI stock has a mean target price of 1852.857. This means analysts expect the stock to rise 27.52% over the next 12 months.
What's Happening with MELI Stock Today
Mercadolibre Inc (MELI) stock is higher by 1.8% while the S&P 500 is up 0.11% as of 1:50 PM on Thursday, Jun 17. MELI is up $25.76 from the previous closing price of $1,427.23 on volume of 225,297 shares. Over the past year the S&P 500 has gained 35.81% while MELI is up 55.28%. MELI lost -$0.27 per share in the over the last 12 months.
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