MEL Stock Price and Chart — NZX:MEL — TradingView (2024)

MEL chart
Key stats

Market capitalization

‪15.42 B‬NZD

Dividend yield (indicated)

3.03%

Price to earnings Ratio (TTM)

180.850

Basic EPS (TTM)

0.035NZD

Net income

‪95.00 M‬NZD

Revenue

‪3.20 B‬NZD

Shares float

‪1.23 B‬

Beta (1Y)

1.27

About MERIDIAN ENERGY LIMITED NPV

Sector

Utilities

Industry

Alternative Power Generation

CEO

Neal Anthony Barclay

Headquarters

Wellington

Employees (FY)

‪1 K‬

Founded

1998

ISIN

NZMELE0002S7

FIGI

BBG005GS6PX1

Meridian Energy Ltd. engages in the generation and distribution of electricity from renewable resources. It operates through the following business segments: New Zealand Retail, New Zealand Wholesale, Australia and Other and unallocated. The New Zealand Retail segment includes activity associated with retailing of electricity and complementary products through the Meridian brands. The New Zealand Wholesale segment covers activity associated with Meridian's New Zealand. The Australia segment includes Generation of electricity from Meridian's two wind farms and three hydro power stations, and acquired under power purchase agreements, for sale into the Australian wholesale. The Other and unallocated segment contains operations that are not considered reportable segments, include licensing of the flux developed electricity and gas retailing platform. The company was founded on December 16, 1998 and is headquartered in Wellington, New Zealand.

Ideas

MEZ - Looks Bullish?MEZ has been consolidating for quite sometime now and has unable to break support. The price action suggests that it could hit the Resistance level of $5.50 (a potential 8% move) on the upside. My Stoploss will be $4.50, below the previous swing low.Please note these are my own notes, by no means

Long

by AsimMirzaTrader

MEZ - Bullish Trade PlanMEZ looks good and ripe for a move higher because of the two consecutive breaks of the Bearish Trendlines with High Volume and has bounced off its strong support of $4.60 level. MACD has got bullish too and maybe we shall see the upswing continue to go higher. My target for this trade would be $6.00

Long

by AsimMirzaTrader

MEL 24/12/20Overall upwards trend on 3 month, aswell as 4hr candles. Buyers seem to have momentum pushing up to $7.20. Expecting a pullback as RSI crosses 70 maybe to around $6.875 - $6.70 and then should continue upwards trend to break resistance and establish itself again. There is no RSI + Divergence (White

by masonmason

11

Meridian Energy (MEL, MEZ) vs. peers of New ZealandMeridian Energy (MEL, MEZ) vs. peers of CEN Contact, GEN Genesis, MCY Mercury, VCT Vector, TPW Trustpower, IFT Infratil; with market indicators of the NZ50, Australian XAO, NZD/AUD.

by dartde

Meridian Profit TakersSuggest Sell keep some profit Buy if it hits $3.785 looking for the next share price to run up

Short

by NZ_Shareman

22

Meridian EnergyOK stab in the dark who knows really but We had big down candle Then indecision candle Then Basically Pin Bar Looks to me like wants to go lower Morning Star suggest recomended price $4.10 Cueently 1 star = Over priced

Short

by NZ_Shareman
See all ideas
News Flow

Keep readingKeep reading

Technicals

Summarizing what the indicators are suggesting.

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Analyst rating

An aggregate view of professional's ratings.

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

Neutral

SellBuy

Strong sellStrong buy

Strong sellSellNeutralBuyStrong buy

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MEL Stock Price and Chart — NZX:MEL — TradingView (15)

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Frequently Asked Questions

Depending on the exchange, the stock ticker may vary. For instance, on

NZX

exchange

MERIDIAN ENERGY LIMITED NPV

stocks are traded under the ticker

MEL

.

MERIDIAN ENERGY LIMITED NPV

is going to release the next earnings report on

Aug 21, 2024

. Keep track of upcoming events with our Earnings Calendar.

One year price forecast for

MERIDIAN ENERGY LIMITED NPV

has a max estimate of

6.500

NZD

and a min estimate of

5.000

NZD

.

Yes, you can track

MERIDIAN ENERGY LIMITED NPV financials

in yearly and quarterly reports right on TradingView.

Like other stocks,

MEL

shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade

MERIDIAN ENERGY LIMITED NPV

stock right from TradingView charts — choose your broker and connect to your account.

MEL

reached its all-time high on

Jan 7, 2021

with the price of

9.940

NZD

, and its all-time low was

2.035

NZD

and was reached on

Jun 25, 2015

.
See other stocks reaching their highest and lowest prices.

EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company.

MERIDIAN ENERGY LIMITED NPV

EBITDA is

‪808.00 M‬

NZD

, and current EBITDA margin is

25.69

%. See more stats in

MERIDIAN ENERGY LIMITED NPV financial statements

.

MEL Stock Price and Chart — NZX:MEL — TradingView (2024)
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