(VIANEWS) – Shares of MercadoLibre (NASDAQ Composite: MELI) fell 5.13% to $1,502.71 at 15:19 EST on Friday, following the last session’s downward trend. NASDAQ Composite is dropping 0.86% to $15,085.19, following the last session’s upward trend. This seems, as yet, a somewhat bearish trend trading session today.

MercadoLibre’s last close was $1,583.94, 21.59% under its 52-week high of $2,020.00.

Volume

Today’s last reported volume for MercadoLibre is 475993 which is 35.89% above its average volume of 350275.

MercadoLibre’s Sales

MercadoLibre’s sales growth is 88.3% for the present quarter and 50.9% for the next. The company’s growth estimates for the present quarter and the next is 346.4% and 184.3%, respectively.

MercadoLibre’s Revenue

Year-on-year quarterly revenue growth grew by 111.4%, now sitting on 4.7B for the twelve trailing months.

Volatility

MercadoLibre’s last week, last month’s, and last quarter’s current volatility was a positive 0.87%, a negative 1.77%, and a positive 2.10%, respectively.

MercadoLibre’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 0.93% (last week), 2.79% (last month), and 2.10% (last quarter), respectively.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

MercadoLibre’s stock is considered to be oversold (<=20).

MercadoLibre’s Stock Yearly Top and Bottom Value

MercadoLibre’s stock is valued at $1,502.71 at 15:19 EST, way below its 52-week high of $2,020.00 and way above its 52-week low of $1,192.14.

MercadoLibre’s Moving Average

MercadoLibre’s worth is way below its 50-day moving average of $1,722.03 and below its 200-day moving average of $1,597.10.

More news about MercadoLibre (MELI).

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