The stock of Merus N.V (MRUS) has seen a -4.16% decrease in the past week, with a -11.55% drop in the past month, and a 14.63% flourish in the past quarter. The volatility ratio for the week is 3.79%, and the volatility levels for the past 30 days are at 3.38% for MRUS. The simple moving average for the past 20 days is -8.10% for MRUS’s stock, with a 32.67% simple moving average for the past 200 days.
Is It Worth Investing in Merus N.V (NASDAQ: MRUS) Right Now?
Moreover, the 36-month beta value for MRUS is 1.13. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 3 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MRUS is 43.24M and currently, short sellers hold a 7.95% of that float. On April 19, 2024, MRUS’s average trading volume was 570.87K shares.
MRUS) stock’s latest price update
Merus N.V (NASDAQ: MRUS)’s stock price has plunge by -0.89relation to previous closing price of 40.47. Nevertheless, the company has seen a -4.16% plunge in its stock price over the last five trading sessions. CNBC Television reported 2024-04-03 that Michelle Ross, StemPoint Capital CIO, joins CNBC’s Halftime Report’ to discuss her latest biotech pick.
Analysts’ Opinion of MRUS
Many brokerage firms have already submitted their reports for MRUS stocks, with Truist repeating the rating for MRUS by listing it as a “Buy.” The predicted price for MRUS in the upcoming period, according to Truist is $69 based on the research report published on March 28, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see MRUS reach a price target of $65, previously predicting the price at $42. The rating they have provided for MRUS stocks is “Buy” according to the report published on March 04th, 2024.
Canaccord Genuity gave a rating of “Buy” to MRUS, setting the target price at $45 in the report published on November 02nd of the previous year.
MRUS Trading at -10.56% from the 50-Day Moving Average
After a stumble in the market that brought MRUS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.92% of loss for the given period.
Volatility was left at 3.38%, however, over the last 30 days, the volatility rate increased by 3.79%, as shares sank -13.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.89% upper at present.
During the last 5 trading sessions, MRUS fell by -3.70%, which changed the moving average for the period of 200-days by +50.77% in comparison to the 20-day moving average, which settled at $43.32. In addition, Merus N.V saw 45.85% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MRUS starting from Shuman Harry, who sale 115 shares at the price of $26.68 back on Dec 19 ’23. After this action, Shuman Harry now owns 7,002 shares of Merus N.V, valued at $3,068 using the latest closing price.
Silverman Peter B., the COO & GC of Merus N.V, sale 22,386 shares at $25.00 during a trade that took place back on Dec 15 ’23, which means that Silverman Peter B. is holding 0 shares at $559,650 based on the most recent closing price.
Stock Fundamentals for MRUS
Current profitability levels for the company are sitting at:
- -3.19 for the present operating margin
- -1.11 for the gross margin
The net margin for Merus N.V stands at -3.53. The total capital return value is set at -0.36. Equity return is now at value -51.36, with -36.96 for asset returns.
Based on Merus N.V (MRUS), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at -11.57. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -70.21.
Currently, EBITDA for the company is -154.01 million with net debt to EBITDA at 1.45. When we switch over and look at the enterprise to sales, we see a ratio of 48.5. The receivables turnover for the company is 11.04for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.34.
Conclusion
To wrap up, the performance of Merus N.V (MRUS) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
