Mercadolibre Inc (NASDAQ:MELI) saw unusually large options trading on Monday. Stock traders bought 8,738 call options on the stock. This is an increase of approximately 901% compared to the average volume of 873 call options.
MELI stock opened at $364.73 on Wednesday. The stock has a market capitalization of $16,710.91, a P/E ratio of 1,139.78 and a beta of 2.07. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.96. Mercadolibre has a twelve month low of $203.36 and a twelve month high of $417.91.
Mercadolibre (NASDAQ:MELI) last released its earnings results on Thursday, February 22nd. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.35). The company had revenue of $436.98 million during the quarter, compared to analyst estimates of $404.74 million. Mercadolibre had a net margin of 0.99% and a return on equity of 26.75%. sell-side analysts forecast that Mercadolibre will post 2.21 EPS for the current year.
Institutional investors have recently bought and sold shares of the stock. Fieldpoint Private Securities LLC purchased a new stake in shares of Mercadolibre in the third quarter valued at approximately $104,000. Dumac Inc. boosted its stake in shares of Mercadolibre by 105.6% in the fourth quarter. Dumac Inc. now owns 370 shares of the company’s stock valued at $116,000 after buying an additional 190 shares in the last quarter. Financial Gravity Companies Inc. purchased a new stake in shares of Mercadolibre in the fourth quarter valued at approximately $140,000. Elkfork Partners LLC purchased a new stake in shares of Mercadolibre in the fourth quarter valued at approximately $185,000. Finally, Green Square Capital LLC purchased a new stake in shares of Mercadolibre in the fourth quarter valued at approximately $200,000. Hedge funds and other institutional investors own 92.12% of the company’s stock.
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MercadoLibre, Inc is an e-commerce company. The Company enables commerce through its marketplace platform in Latin America, which is designed to provide users with a portfolio of services to facilitate commercial transactions. Its geographic segments are Brazil, Argentina, Mexico Venezuela and Other Countries (which includes Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Portugal, Guatemala, Bolivia, Paraguay, Uruguay and the United States of America).
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