MercadoLibre Inc. (MELI) tumbled -6.03% or -21.55 to $336.07. It is about 591629 shares traded, which is 73.25% compare to the average total volume 807696. The market cap of MELI is $15.18 billion. The year to date change is 4.84%. The 52 week price range is from $250.83 to $417.91. Price of MELI have changed 15.21% during last week. It have changed 6.55% over last month, 2.61% over last 3 months, 5.40% over last 6 months and 33.24% over one year.
Some investors will use 50-day and 200-day Moving Averages as support and resistance levels. Those moving average will be very helpful most of time. The 50-day Moving Averages for MELI is 326.20. It is -2.94% below current price. The 200-day Moving Averages for MELI is 337.34. It is 0.38% above current price. The stock faces resistance at 200-day moving averages. The 52-week High is 417.91. It is 24.35% from the current price. The 52-week Low is 250.83. It is -25.36% from current price.
There are some statistics of MELI. It is has market cap $15.18 billion. The share outstanding is 45.16 million. The average volume is 807696. The percent of top 15 Institution holding is 167.30%. Return on equity is how much of net income returned as a percentage of the total amount of shareholder equity found on the balance sheet. Return on equity (ROE) of MELI is -20.93%. Return on assets (ROA) is an indicator that shows how profitable a company is using its total assets to generate earnings. Return on Assets (ROA) of MELI is -4.24%.