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As of close of business last night, Mercer International Inc’s stock clocked out at $6.30, down -0.16% from its previous closing price of $6.31. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 0.49 million shares were traded. MERC stock price reached its highest trading level at $6.52 during the session, while it also had its lowest trading level at $6.28.
Ratios:
To gain a deeper understanding of MERC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.39 and its Current Ratio is at 3.79. In the meantime, Its Debt-to-Equity ratio is 3.13 whereas as Long-Term Debt/Eq ratio is at 3.10.
CIBC Downgraded its Neutral to Sector Underperform on July 20, 2023, while the target price for the stock was maintained at $8.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when BUENO ESTRADA JUAN CARLOS bought 7,800 shares for $6.60 per share. The transaction valued at 51,480 led to the insider holds 67,615 shares of the business.
Rettig Rainer bought 4,000 shares of MERC for $24,400 on Sep 11 ’24. The Director now owns 46,463 shares after completing the transaction at $6.10 per share. On Sep 11 ’24, another insider, North Janine, who serves as the Director of the company, bought 2,000 shares for $6.04 each. As a result, the insider paid 12,080 and bolstered with 2,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MERC now has a Market Capitalization of 421286048 and an Enterprise Value of 1798510208. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 0.888 whereas that against EBITDA is 15.325.
Stock Price History:
Over the past 52 weeks, MERC has reached a high of $11.20, while it has fallen to a 52-week low of $5.33. The 50-Day Moving Average of the stock is -2.89%, while the 200-Day Moving Average is calculated to be -23.38%.
Shares Statistics:
It appears that MERC traded 615.03K shares on average per day over the past three months and 397090 shares per day over the past ten days. A total of 66.53M shares are outstanding, with a floating share count of 38.18M. Insiders hold about 42.90% of the company’s shares, while institutions hold 51.65% stake in the company. Shares short for MERC as of 1728950400 were 840328 with a Short Ratio of 1.37, compared to 1726185600 on 1591566. Therefore, it implies a Short% of Shares Outstanding of 840328 and a Short% of Float of 2.0299999.
Dividends & Splits
With its trailing 12-month dividend rate of 0.3, MERC has a forward annual dividend rate of 0.30. Against a Trailing Annual Dividend Yield of 0.047543585The stock’s 5-year Average Dividend Yield is 3.41.
