Mercadolibre, Inc. (NASDAQ:MELI) last session’s volume of 1.54 million shares was higher than its average volume of 0.54 million shares. The stock, after opening at $263.05, hit $263.45 through the close by scoring 0.06%.Mercadolibre, Inc. (MELI) Analyst Opinion
Mercadolibre, Inc. has a consensus hold rating from 16 Wall Street analysts, and the number of shares currently sold short amount to at least 4% of shares outstanding. The stock sank -5.42% last month and is up 68.73 this year. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover MELI having a buy-equivalent rating. Analysts have placed a $264.84 price target on Mercadolibre, Inc., suggesting a 0.53% gain from recent close. It’s currently trading about -11.58% below its 52-week high.Mercadolibre, Inc. Earnings Surprise
Mercadolibre, Inc. (MELI) surprised the stock market in its last reported earnings when it earned $1.1 a piece versus the consensus-estimated $0.8. Its revenue totaled $246.81 million down -3.69% from the previous quarter.
This stock (MELI) is ahead of its 52-week low with 108.92%. Its last month’s stock price volatility remained 3.54% which for the week stands at 3.74%. The share price has moved backward from its 20 days moving average, trading at a distance of -5.26% and stays 2.68% away from its 50 days moving average. Over the last five days, shares have faced -4.22% losses and now is up 31.81% since hitting its 200-day moving average of $212.15. Mercadolibre, Inc. (MELI) has made its way to a 12-month gain of 94.47%.
Turning to TerraVia Holdings, Inc. (NASDAQ:TVIA), its shares were trading at $0.27 a retreat of $-0.01, on the trading floor. The stock, after opening at $0.273, touched a high of $0.29 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. TerraVia Holdings, Inc. has 0 buy ratings, 1 holds and 0 sells even after the stock tumbled -90.96% from its high of $2.98 to a $30.43 million market value through last close.TerraVia Holdings, Inc. (TVIA) Consensus Price Target
The company’s consensus rating on Reuter’s scale remained unchanged from 3 to 3 during a month. Analysts set a 12-month price target of $1.5 a share. The target implies a 455.56% spike from where the shares are currently trading. Also, the current price highlights a discount of 1751.85% to analysts’ high consensus price target.TerraVia Holdings, Inc. (NASDAQ:TVIA) Intraday Trading
The counter witnessed a trading volume of 0.93 million shares versus an average volume of 0.99 million shares during last trading session. Its last month’s stock price volatility remained 13.91% which for the week approaches 13.6%. The lowest price the stock reached in the last trading day was $0.2657 and compares with the $0.21 52-week low. The stock recovered 31.37% since its low point and has performed -76.58% year-to-date.