Closing Figures Unveiled: Merus N.V (MRUS) Drop -4.96, Closes at 44.27

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Merus N.V (NASDAQ: MRUS) closed the day trading at $44.27 down -4.96% from the previous closing price of $46.58. In other words, the price has decreased by -$4.96 from its previous closing price. On the day, 1.05 million shares were traded. MRUS stock price reached its highest trading level at $46.82 during the session, while it also had its lowest trading level at $44.16.

Ratios:

For a better understanding of MRUS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.32 and its Current Ratio is at 8.32. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on October 24, 2024, initiated with a Buy rating and assigned the stock a target price of $72.

On March 28, 2024, Truist started tracking the stock assigning a Buy rating and target price of $69.

Needham reiterated its Buy rating for the stock on March 04, 2024, while the target price for the stock was revised from $42 to $65.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 21 ’24 when Shuman Harry sold 2,500 shares for $54.00 per share. The transaction valued at 135,000 led to the insider holds 7,002 shares of the business.

Shuman Harry sold 2,500 shares of MRUS for $135,000 on Aug 20 ’24. The VP Controller, PAO now owns 7,002 shares after completing the transaction at $54.00 per share. On Jun 27 ’24, another insider, Silverman Peter B., who serves as the COO & GC of the company, sold 10,000 shares for $60.00 each. As a result, the insider received 600,000 and left with 0 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, MRUS now has a Market Capitalization of 3030887936 and an Enterprise Value of 2409665280. For the stock, the TTM Price-to-Sale (P/S) ratio is 79.12 while its Price-to-Book (P/B) ratio in mrq is 4.31. Its current Enterprise Value per Revenue stands at 67.062 whereas that against EBITDA is -10.548.

Stock Price History:

The Beta on a monthly basis for MRUS is 1.11, which has changed by 0.96872354 over the last 52 weeks, in comparison to a change of 0.2936039 over the same period for the S&P500. Over the past 52 weeks, MRUS has reached a high of $61.61, while it has fallen to a 52-week low of $22.26. The 50-Day Moving Average of the stock is -12.94%, while the 200-Day Moving Average is calculated to be -10.67%.

Shares Statistics:

Over the past 3-months, MRUS traded about 455.38K shares per day on average, while over the past 10 days, MRUS traded about 348410 shares per day. A total of 68.46M shares are outstanding, with a floating share count of 58.59M. Insiders hold about 14.42% of the company’s shares, while institutions hold 90.80% stake in the company. Shares short for MRUS as of 1730332800 were 8660238 with a Short Ratio of 19.02, compared to 1727654400 on 8889186. Therefore, it implies a Short% of Shares Outstanding of 8660238 and a Short% of Float of 12.72.

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