MercadoLibre, Inc. (MELI)
| Previous Close | 1,582.14 |
| Open | 1,580.06 |
| Bid | 1,566.66 x 100 |
| Ask | 1,576.62 x 100 |
| Day's Range | 1,568.64 - 1,587.61 |
| 52 Week Range | 1,063.02 - 1,825.00 |
| Volume | |
| Avg. Volume | 360,977 |
| Market Cap | 79.655B |
| Beta (5Y Monthly) | 1.60 |
| PE Ratio (TTM) | 70.43 |
| EPS (TTM) | 22.31 |
| Earnings Date | Jul 31, 2024 - Aug 05, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Dec 28, 2017 |
| 1y Target Est | 2,007.59 |
- Reuters
MercadoLibre's fintech arm sees credit-card reader boom in Mexico
Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, has seen adoption of its slim mobile credit-card readers more than double in the past year, gaining on competing options from banks and Clip, an executive said. In Mexico, cash is still king - and as Latin America's No. 2 economy, it still lags far behind Brazil in terms of digitalization, Brigitte Brousset, Mercado Pago's head of financing for merchants in Mexico, told Reuters. Brazil had been in a similar situation, but credit card adoption was quick and central bank-backed system Pix is now threatening to take over digital payments.
ZacksMercadoLibre (MELI) Advances While Market Declines: Some Information for Investors
The latest trading day saw MercadoLibre (MELI) settling at $1,582.14, representing a +0.1% change from its previous close.
ZacksMercadoLibre (MELI) Stock Sinks As Market Gains: What You Should Know
MercadoLibre (MELI) reachead $1,580.53 at the closing of the latest trading day, reflecting a -1.18% change compared to its last close.
