Promising Real Estate Stocks To Keep An Eye On – May 11th

Bank of America, MercadoLibre, and Wells Fargo & Company are the three Real Estate stocks to watch today, according to MarketBeat’s stock screener tool. Real estate stocks are shares of publicly traded companies whose primary business involves owning, developing, managing or financing income-producing properties. These companies can include real estate investment trusts (REITs), property management firms and homebuilders, offering investors a way to gain exposure to the property market without directly buying physical real estate. By trading on stock exchanges, real estate stocks provide liquidity, potential dividends and the opportunity for capital appreciation tied to property values and rental income. These companies had the highest dollar trading volume of any Real Estate stocks within the last several days.

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

NYSE BAC traded up $0.25 on Friday, reaching $41.85. The company had a trading volume of 27,222,454 shares, compared to its average volume of 39,349,405. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.78 and a quick ratio of 0.78. Bank of America has a 1 year low of $33.07 and a 1 year high of $48.08. The firm has a 50-day moving average of $39.69 and a 200-day moving average of $43.49. The firm has a market capitalization of $315.21 billion, a PE ratio of 13.00, a P/E/G ratio of 1.21 and a beta of 1.27.

MercadoLibre (MELI)

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.

Shares of MELI stock traded up $42.53 on Friday, hitting $2,452.53. The stock had a trading volume of 382,692 shares, compared to its average volume of 381,235. The stock’s 50 day moving average is $2,081.98 and its 200-day moving average is $1,982.03. The firm has a market capitalization of $124.34 billion, a price-to-earnings ratio of 65.05, a P/E/G ratio of 1.12 and a beta of 1.61. MercadoLibre has a 52-week low of $1,550.00 and a 52-week high of $2,501.00. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.22 and a current ratio of 1.25.

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

WFC stock traded down $0.87 during trading on Friday, reaching $72.44. The stock had a trading volume of 11,136,882 shares, compared to its average volume of 17,544,748. The firm has a fifty day moving average price of $69.06 and a 200 day moving average price of $72.17. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.07. The company has a market capitalization of $235.73 billion, a P/E ratio of 13.46, a PEG ratio of 1.18 and a beta of 1.13. Wells Fargo & Company has a 1-year low of $50.15 and a 1-year high of $81.50.