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 core business involves buying, developing, managing or financing properties. This category includes real estate investment trusts (REITs) as well as homebuilders, commercial developers and property-management firms. By purchasing these stocks, investors gain exposure to the property market through the equity markets rather than direct ownership. 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.
Shares of NYSE:BAC traded up $0.25 during trading on Friday, reaching $41.85. 27,222,454 shares of the company were exchanged, compared to its average volume of 39,301,444. The business's fifty day simple moving average is $39.69 and its 200-day simple moving average is $43.48. 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 12-month low of $33.07 and a 12-month high of $48.08. 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.
Read Our Latest Research Report on BAC
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.
MELI traded up $42.53 during trading on Friday, hitting $2,452.53. 382,692 shares of the stock were exchanged, compared to its average volume of 380,631. MercadoLibre has a 1 year low of $1,550.00 and a 1 year 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. The firm has a 50 day simple moving average of $2,081.98 and a 200 day simple moving average of $1,982.42. The firm has a market cap 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.
Read Our Latest Research Report on MELI
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.
Shares of WFC stock traded down $0.87 on Friday, hitting $72.44. The stock had a trading volume of 11,136,882 shares, compared to its average volume of 17,532,282. Wells Fargo & Company has a one year low of $50.15 and a one year high of $81.50. The business has a 50 day moving average price of $69.06 and a 200 day moving average price of $72.12. The company has a market cap of $235.73 billion, a PE ratio of 13.46, a P/E/G ratio of 1.18 and a beta of 1.13. The company has a quick ratio of 0.85, a current ratio of 0.86 and a debt-to-equity ratio of 1.07.
Read Our Latest Research Report on WFC
Further Reading
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