(VIANEWS) – Shares of MercadoLibre (NASDAQ: MELI) dropped 8.03% to $659.73 at 14:59 EST on Tuesday, following the last session’s downward trend. NASDAQ is sliding 2.41% to $11,247.29, following the last session’s downward trend. This seems, as yet, an all-around down trend trading session today.

MercadoLibre’s last close was $717.31, 63.59% below its 52-week high of $1,970.13.

Volume

Today’s last reported volume for MercadoLibre is 337725 which is 46.95% below its average volume of 636682.

The company’s growth estimates for the current quarter and the next is 60.6% and 17.7%, respectively.

MercadoLibre’s Revenue

Year-on-year quarterly revenue growth grew by 60.5%, now sitting on 7.07B for the twelve trailing months.

Volatility

MercadoLibre’s last week, last month’s, and last quarter’s current intraday variation average was a positive 2.26%, a negative 0.69%, and a positive 5.21%, respectively.

MercadoLibre’s highest amplitude of average volatility was 3.81% (last week), 5.17% (last month), and 5.21% (last quarter), respectively.

MercadoLibre’s Stock Yearly Top and Bottom Value

MercadoLibre’s stock is valued at $659.73 at 14:59 EST, way below its 52-week high of $1,970.13 and higher than its 52-week low of $600.68.

MercadoLibre’s Moving Average

MercadoLibre’s value is way below its 50-day moving average of $838.43 and way below its 200-day moving average of $1,189.60.

More news about MercadoLibre (MELI).

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