In the past week, MRUS stock has gone down by -3.51%, with a monthly decline of -1.27% and a quarterly surge of 11.47%. The volatility ratio for the week is 4.25%, and the volatility levels for the last 30 days are 3.94% for Merus N.V The simple moving average for the past 20 days is -5.25% for MRUS’s stock, with a 30.77% simple moving average for the past 200 days.
Is It Worth Investing in Merus N.V (NASDAQ: MRUS) Right Now?
The 36-month beta value for MRUS is also noteworthy at 1.12. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for MRUS is 54.90M, and at present, short sellers hold a 12.90% of that float. The average trading volume of MRUS on August 01, 2024 was 1.03M shares.
MRUS) stock’s latest price update
Merus N.V (NASDAQ: MRUS) has seen a decline in its stock price by -1.18 in relation to its previous close of 53.04. However, the company has experienced a -3.51% decline in its stock price over the last five trading sessions. zacks.com reported 2024-07-29 that Merus (MRUS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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 -3.67% 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 -14.92% of loss for the given period.
Volatility was left at 3.94%, however, over the last 30 days, the volatility rate increased by 4.25%, as shares surge +0.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.41% upper at present.
During the last 5 trading sessions, MRUS fell by -2.49%, which changed the moving average for the period of 200-days by +151.04% in comparison to the 20-day moving average, which settled at $55.32. In addition, Merus N.V saw 90.60% 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 Silverman Peter B., who sale 10,000 shares at the price of $60.00 back on Jun 27 ’24. After this action, Silverman Peter B. now owns 0 shares of Merus N.V, valued at $600,000 using the latest closing price.
Silverman Peter B., the COO & GC of Merus N.V, sale 62,000 shares at $56.52 during a trade that took place back on Jun 17 ’24, which means that Silverman Peter B. is holding 0 shares at $3,504,178 based on the most recent closing price.
Stock Fundamentals for MRUS
Current profitability levels for the company are sitting at:
- -3.92 for the present operating margin
- -1.56 for the gross margin
The net margin for Merus N.V stands at -3.9. The total capital return value is set at -0.36. Equity return is now at value -52.79, with -35.78 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 -12.87. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -12.0.
Currently, EBITDA for the company is -154.01 million with net debt to EBITDA at 1.12. When we switch over and look at the enterprise to sales, we see a ratio of 87.88. The receivables turnover for the company is 0.63for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.23.
Conclusion
In summary, Merus N.V (MRUS) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
