The recently concluded session had traders exchanging Goldcorp Inc. (NYSE:GG) low level. Roughly 4.86 million shares changed hands compared to the three-month volume average 7.09 million shares. The first trade took place at $13.77 and the stock went down 0% to attain the closing price of $13.83.Goldcorp Inc. (GG) Analyst Opinion
Goldcorp Inc. has a consensus hold rating from 21 Wall Street analysts, and the number of shares currently sold short amount to at least 0.75% of shares outstanding. The stock spiked 6.38% last month and is up 1.69 this year. Wall Street is only getting more bullish on the stock, with 9 of analysts who cover GG having a buy-equivalent rating. Analysts have placed a $16.86 price target on Goldcorp Inc., suggesting a 21.91% gain from recent close. It’s currently trading about -22.61% below its 52-week high.Goldcorp Inc. Earnings Surprise
Goldcorp Inc. (GG) surprised the stock market in its last reported earnings when it earned $0.12 a piece versus the consensus-estimated $0.09. Its revenue totaled $872.2 million down -1.11% from the previous quarter.
This stock (GG) is ahead of its 52-week low with 16.12%. Its last month’s stock price volatility remained 2.4% which for the week stands at 2.06%. The share price has moved forward from its 20 days moving average, trading at a distance of 3.32% and stays 5.04% away from its 50 days moving average. Over the last five days, shares have faced -1.71% losses and now is down -2.45% since hitting its 200-day moving average of $13.95. Goldcorp Inc. (GG) has made its way to a 12-month decline of -15.82%.
Turning to Mercadolibre, Inc. (NASDAQ:MELI), its shares were trading at $290.79 a gain of $5.53, on the trading floor. The stock, after opening at $284.17, touched a high of $295.68 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. Mercadolibre, Inc. has 2 buy ratings, 8 holds and 0 sells even after the stock tumbled -2.4% from its high of $297.95 to a $12.78 billion market value through last close.Mercadolibre, Inc. (MELI) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 2.62 to 2.5 during a month. Analysts set a 12-month price target of $269.27 a share. The target implies a -7.4% decrease from where the shares are currently trading. Also, the current price highlights a discount of 13.48% to analysts’ high consensus price target.Mercadolibre, Inc. (NASDAQ:MELI) Intraday Trading
The counter witnessed a trading volume of 1.1 million shares versus an average volume of 0.79 million shares during last trading session. Its last month’s stock price volatility remained 3.88% which for the week approaches 2.9%. The lowest price the stock reached in the last trading day was $281.88 and compares with the $148.98 52-week low. The stock recovered 95.19% since its low point and has performed 86.24% year-to-date.