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Merus N.V (NASDAQ: MRUS) closed the day trading at $51.35 down -1.57% from the previous closing price of $52.17. In other words, the price has decreased by -$1.57 from its previous closing price. On the day, 0.39 million shares were traded. MRUS stock price reached its highest trading level at $52.16 during the session, while it also had its lowest trading level at $51.06.
Ratios:
For a better understanding of MRUS, let’s look at its different 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:
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 3502608896 and an Enterprise Value of 2726205184. For the stock, the TTM Price-to-Sale (P/S) ratio is 99.53 while its Price-to-Book (P/B) ratio in mrq is 4.67. Its current Enterprise Value per Revenue stands at 77.464 whereas that against EBITDA is -14.012.
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 1.02%, while the 200-Day Moving Average is calculated to be 8.54%.
Shares Statistics:
Over the past 3-months, MRUS traded about 536.63K shares per day on average, while over the past 10 days, MRUS traded about 574730 shares per day. 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 88.44% stake in the company. Shares short for MRUS as of 1727654400 were 8889186 with a Short Ratio of 16.56, compared to 1724976000 on 6634912. Therefore, it implies a Short% of Shares Outstanding of 8889186 and a Short% of Float of 13.11.
