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MELI34

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1d
1w
1m

Analysis and statistics

  • Open
    107.6228$
  • Previous Close
    109.7777$
  • 52 Week Change
    40.85$
  • Day Range
    -2.15$
  • 52 Week High/Low
    82.95$ - 123.8$
  • Dividend Per Share
    --
  • Market cap
    650 816 M$
  • EPS
    --
  • Beta
    1.462
  • Volume
    --

About

MELI34.SA represents Brazilian Depositary Receipts (BDRs) of MercadoLibre, Inc., a prominent Latin American e-commerce company. BDRs are certificates that allow investors in Brazil to indirectly invest in shares of foreign companies that are listed on stock exchanges outside of Brazil. Essentially, MELI34.SA allows Brazilian investors to trade and own a portion of MercadoLibre's stock on the B3, the Brazilian stock exchange.
Forex Investment Explained: EUR/USD, USD/JPY, GBP/USD, USD/CAD

Forex Investment Explained: EUR/USD, USD/JPY, GBP/USD, USD/CAD

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Factors

MELI34.SA is a Brazilian Depositary Receipt (BDR) representing shares of MercadoLibre (MELI), a US-listed company. Its price is thus affected by multiple factors. MercadoLibre's Performance: Revenue growth, profitability, user growth, and market share directly influence investor sentiment and MELI's stock price, which translates to MELI34.SA's price. Brazilian Real/US Dollar Exchange Rate: As MELI is a US-listed company, fluctuations in the BRL/USD exchange rate impact the BRL value of MELI34.SA. A stronger Real makes MELI34.SA relatively cheaper. Brazilian Market Conditions: Brazil's economic stability, interest rates, inflation, and consumer confidence affect overall investment sentiment and the attractiveness of BDRs like MELI34.SA. Global Economic Conditions: Global recessions or expansions impact investor risk appetite and may cause shifts towards or away from emerging markets like Brazil, affecting demand for MELI34.SA. Competitor Performance: The performance and strategies of competitors in Latin America's e-commerce and fintech spaces can impact MercadoLibre's perceived value and thus MELI34.SA. Regulatory Changes: New regulations in Brazil or other Latin American countries impacting e-commerce, fintech, or international investments can influence the attractiveness of MELI and MELI34.SA.

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