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In the latest session, Merus N.V (NASDAQ: MRUS) closed at $47.77 down -3.83% from its previous closing price of $49.67. In other words, the price has decreased by -$3.83 from its previous closing price. On the day, 0.65 million shares were traded. MRUS stock price reached its highest trading level at $49.915 during the session, while it also had its lowest trading level at $47.56.
Ratios:
For a deeper understanding of Merus N.V’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.97 and its Current Ratio is at 9.97. In the meantime, Its Debt-to-Equity ratio is 0.01 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, Truist on March 28, 2024, initiated with a Buy rating and assigned the stock a target price of $69.
On March 04, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $42 to $65.
On November 02, 2023, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $45.Canaccord Genuity initiated its Buy rating on November 02, 2023, with a $45 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3258415360 and an Enterprise Value of 2611611392. For the stock, the TTM Price-to-Sale (P/S) ratio is 92.59 while its Price-to-Book (P/B) ratio in mrq is 4.34. Its current Enterprise Value per Revenue stands at 74.208 whereas that against EBITDA is -13.423.
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 $19.81. The 50-Day Moving Average of the stock is -8.72%, while the 200-Day Moving Average is calculated to be 5.68%.
Shares Statistics:
For the past three months, MRUS has traded an average of 624.07K shares per day and 630880 over the past ten days. A total of 68.21M shares are outstanding, with a floating share count of 59.23M. Insiders hold about 13.17% of the company’s shares, while institutions hold 88.64% stake in the company. Shares short for MRUS as of 1724976000 were 6634912 with a Short Ratio of 10.63, compared to 1722384000 on 6975773. Therefore, it implies a Short% of Shares Outstanding of 6634912 and a Short% of Float of 9.7799994.
