A new trading day began on Tuesday, with Merus N.V (NASDAQ: MRUS) stock price down -2.33% from the previous day of trading, before settling in for the closing price of $41.27. MRUS’s price has ranged from $18.21 to $52.03 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 7.00% over the last five years. Meanwhile, its annual earnings per share averaged -8.91%. With a float of $43.24 million, this company’s outstanding shares have now reached $57.83 million.
Merus N.V (MRUS) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Merus N.V is 25.30%, while institutional ownership is 70.91%. The most recent insider transaction that took place on Dec 19 ’23, was worth 3,068. In this transaction VP Controller, PAO of this company sold 115 shares at a rate of $26.68, taking the stock ownership to the 7,002 shares. Before that another transaction happened on Dec 15 ’23, when Company’s COO & GC sold 22,386 for $25.00, making the entire transaction worth $559,650. This insider now owns 0 shares in total.
Merus N.V (MRUS) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -8.91% per share during the next fiscal year.
Merus N.V (NASDAQ: MRUS) Trading Performance Indicators
Here are Merus N.V’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 53.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.99, a number that is poised to hit -0.81 in the next quarter and is forecasted to reach -3.36 in one year’s time.
Technical Analysis of Merus N.V (MRUS)
Analysing the last 5-days average volume posted by the [Merus N.V, MRUS], we can find that recorded value of 0.48 million was lower than the volume posted last year of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 10.66%. Additionally, its Average True Range was 1.67.
During the past 100 days, Merus N.V’s (MRUS) raw stochastic average was set at 60.62%, which indicates a significant increase from 9.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.31% in the past 14 days, which was lower than the 51.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $44.66, while its 200-day Moving Average is $30.09. Now, the first resistance to watch is $41.05. This is followed by the second major resistance level at $41.78. The third major resistance level sits at $42.46. If the price goes on to break the first support level at $39.64, it is likely to go to the next support level at $38.96. Should the price break the second support level, the third support level stands at $38.23.
Merus N.V (NASDAQ: MRUS) Key Stats
With a market capitalization of 2.33 billion, the company has a total of 58,688K Shares Outstanding. Currently, annual sales are 43,950 K while annual income is -154,940 K. The company’s previous quarter sales were 8,940 K while its latest quarter income was -60,150 K.
