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In the latest session, Mercer International Inc (NASDAQ: MERC) closed at $6.00 down -7.55% from its previous closing price of $6.49. In other words, the price has decreased by -$7.55 from its previous closing price. On the day, 0.66 million shares were traded. MERC stock price reached its highest trading level at $6.54 during the session, while it also had its lowest trading level at $5.97.
Ratios:
For a deeper understanding of Mercer International Inc’s stock, let’s take a closer look at its various 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:
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 Nov 20 ’24 when Heine Eric Xavier sold 26,910 shares for $6.23 per share. The transaction valued at 167,612 led to the insider holds 20,330 shares of the business.
BUENO ESTRADA JUAN CARLOS bought 7,800 shares of MERC for $51,480 on Sep 13 ’24. The CEO & President now owns 67,615 shares after completing the transaction at $6.60 per share. On Sep 11 ’24, another insider, Rettig Rainer, who serves as the Director of the company, bought 4,000 shares for $6.10 each. As a result, the insider paid 24,400 and bolstered with 46,463 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 401224800 and an Enterprise Value of 1778455296. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.78. Its current Enterprise Value per Revenue stands at 0.878 whereas that against EBITDA is 15.154.
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 -7.61%, while the 200-Day Moving Average is calculated to be -24.17%.
Shares Statistics:
For the past three months, MERC has traded an average of 528.03K shares per day and 339920 over the past ten days. A total of 66.87M shares are outstanding, with a floating share count of 38.21M. Insiders hold about 42.86% of the company’s shares, while institutions hold 50.77% stake in the company. Shares short for MERC as of 1732838400 were 423343 with a Short Ratio of 0.80, compared to 1730332800 on 491977. Therefore, it implies a Short% of Shares Outstanding of 423343 and a Short% of Float of 1.0199999.
Dividends & Splits
According to the company, the forward annual dividend rate for MERC is 0.38, from 0.3 in the trailing year. Against a Trailing Annual Dividend Yield of 0.046765395The stock’s 5-year Average Dividend Yield is 3.42.
