Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Merus N.V (NASDAQ: MRUS) closed at $43.86 in the last session, down -3.57% from day before closing price of $45.49. In other words, the price has decreased by -$3.57 from its previous closing price. On the day, 0.53 million shares were traded. MRUS stock price reached its highest trading level at $46.9235 during the session, while it also had its lowest trading level at $43.17.
Ratios:
We take a closer look at MRUS’s different ratios to gain a better understanding of the stock. 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, Goldman on November 21, 2024, initiated with a Buy rating and assigned the stock a target price of $73.
On October 24, 2024, UBS started tracking the stock assigning a Buy rating and target price of $72.
On March 28, 2024, Truist started tracking the stock assigning a Buy rating and target price of $69.Truist initiated its Buy rating on March 28, 2024, with a $69 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 3002817792 and an Enterprise Value of 2381595136. For the stock, the TTM Price-to-Sale (P/S) ratio is 83.57 while its Price-to-Book (P/B) ratio in mrq is 4.27. Its current Enterprise Value per Revenue stands at 66.281 whereas that against EBITDA is -10.425.
Stock Price History:
Over the past 52 weeks, MRUS has reached a high of $61.61, while it has fallen to a 52-week low of $22.27. The 50-Day Moving Average of the stock is -11.98%, while the 200-Day Moving Average is calculated to be -11.89%.
Shares Statistics:
According to the various share statistics, MRUS traded on average about 529.63K shares per day over the past 3-months and 691260 shares per day over the past 10 days. A total of 68.43M shares are outstanding, with a floating share count of 58.58M. Insiders hold about 14.43% of the company’s shares, while institutions hold 90.79% stake in the company. Shares short for MRUS as of 1731628800 were 8759717 with a Short Ratio of 16.54, compared to 1728950400 on 8853696. Therefore, it implies a Short% of Shares Outstanding of 8759717 and a Short% of Float of 12.870000000000001.
