InvestorsObserver
×
News Home

Mercadolibre Inc (MELI) is lower by -7.47% in a Week, Should You Buy?

Friday, May 06, 2022 10:44 AM | InvestorsObserver Analysts

Mentioned in this article

Mercadolibre Inc (MELI) is lower by -7.47% in a Week, Should You Buy?

Mercadolibre Inc (MELI) is near the top in its industry group according to InvestorsObserver. MELI gets an overall rating of 50. That means it scores higher than 50 percent of stocks. Mercadolibre Inc gets a 83 rank in the Internet Retail industry. Internet Retail is number 142 out of 148 industries.

Overall Score - 50
MELI has an Overall Score of 50. Find out what this means to you and get the rest of the rankings on MELI!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 50 would rank higher than 50 percent of all stocks.
These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Mercadolibre Inc Stock Today?

Mercadolibre Inc (MELI) stock is trading at $900.93 as of 10:34 AM on Friday, May 6, a loss of -$12.29, or -1.35% from the previous closing price of $913.22. The stock has traded between $883.67 and $960.49 so far today. Volume today is 346,926 compared to average volume of 446,135. Click Here to get the full Stock Report for Mercadolibre Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App