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Equities researchers at KGI Securities began coverage on shares of MercadoLibre (NASDAQ:MELI – Get Rating) in a note issued to investors on Monday, The Fly reports. The brokerage set an “outperform” rating on the stock. A number of other research analysts have also recently weighed in on MELI. StockNews.com upgraded shares of MercadoLibre from a […]
MercadoLibre, Inc. (NASDAQ:MELI – Get Rating) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 1,350,000 shares, an increase of 47.2% from the April 30th total of 916,900 shares. Based on an average daily trading volume, of 681,300 shares, the days-to-cover ratio is […]
Wall Street brokerages predict that MercadoLibre, Inc. (NASDAQ:MELI – Get Rating) will post sales of $2.51 billion for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for MercadoLibre’s earnings, with the lowest sales estimate coming in at $2.44 billion and the highest estimate coming in at $2.55 billion. MercadoLibre reported […]
DekaBank Deutsche Girozentrale raised its holdings in shares of MercadoLibre, Inc. (NASDAQ:MELI – Get Rating) by 28.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 78,313 shares of the company’s stock after buying an additional 17,301 shares during the period. DekaBank Deutsche Girozentrale owned […]
Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of MercadoLibre, Inc. (NASDAQ:MELI – Get Rating) by 21.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 24,442 shares of the company’s stock after purchasing an additional 4,246 shares during the quarter. Zurcher Kantonalbank Zurich […]