Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, Merus N.V (NASDAQ: MRUS) closed at $39.34 up 0.86% from its previous closing price of $39.01. In other words, the price has increased by $0.86 from its previous closing price. On the day, 0.59 million shares were traded. MRUS stock price reached its highest trading level at $40.1665 during the session, while it also had its lowest trading level at $38.95.
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 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:
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 2693361920 and an Enterprise Value of 2072139264. For the stock, the TTM Price-to-Sale (P/S) ratio is 74.96 while its Price-to-Book (P/B) ratio in mrq is 3.83. Its current Enterprise Value per Revenue stands at 57.668 whereas that against EBITDA is -9.07.
Stock Price History:
The Beta on a monthly basis for MRUS is 1.13, which has changed by 0.22426236 over the last 52 weeks, in comparison to a change of 0.22212577 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 $31.27. The 50-Day Moving Average of the stock is -12.80%, while the 200-Day Moving Average is calculated to be -20.05%.
Shares Statistics:
For the past three months, MRUS has traded an average of 568.76K shares per day and 728010 over the past ten 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 91.39% stake in the company. Shares short for MRUS as of 1735603200 were 8255578 with a Short Ratio of 14.52, compared to 1732838400 on 8720761. Therefore, it implies a Short% of Shares Outstanding of 8255578 and a Short% of Float of 12.1300004.
