Mercury General Corp (NYSE: MCY) kicked off on Friday, up 3.19% from the previous trading day, before settling in for the closing price of $55.48. Over the past 52 weeks, MCY has traded in a range of $44.19-$80.72.
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During the last 5-year period, the sales growth of Financial Sector giant was 7.47%. While this was happening, its average annual earnings per share was recorded -79.80%. With a float of $26.57 million, this company’s outstanding shares have now reached $55.39 million.
Let’s determine the extent of company efficiency that accounts for 4200 employees. In terms of profitability, gross margin is 94.02%, operating margin of 11.36%, and the pretax margin is 10.98%.
Mercury General Corp (MCY) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Mercury General Corp is 52.03%, while institutional ownership is 43.84%. The most recent insider transaction that took place on Jan 07 ’25, was worth 3,559. In this transaction President of AIS subsidiary of this company bought 55 shares at a rate of $64.71, taking the stock ownership to the 680 shares. Before that another transaction happened on Dec 05 ’24, when Company’s Officer proposed sale 12,500 for $78.11, making the entire transaction worth $976,435.
Mercury General Corp (MCY) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -79.80% per share during the next fiscal year.
Mercury General Corp (NYSE: MCY) Trading Performance Indicators
Take a look at Mercury General Corp’s (MCY) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.58. Likewise, its price to free cash flow for the trailing twelve months is 3.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.45, a number that is poised to hit -3.25 in the next quarter and is forecasted to reach 5.88 in one year’s time.
Technical Analysis of Mercury General Corp (MCY)
Looking closely at Mercury General Corp (NYSE: MCY), its last 5-days average volume was 0.51 million, which is a drop from its year-to-date volume of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 83.40%. Additionally, its Average True Range was 2.28.
During the past 100 days, Mercury General Corp’s (MCY) raw stochastic average was set at 35.75%, which indicates a significant decrease from 97.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.88% in the past 14 days, which was lower than the 55.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.57, while its 200-day Moving Average is $60.72. However, in the short run, Mercury General Corp’s stock first resistance to watch stands at $58.03. Second resistance stands at $58.82. The third major resistance level sits at $60.25. If the price goes on to break the first support level at $55.81, it is likely to go to the next support level at $54.38. Now, if the price goes above the second support level, the third support stands at $53.59.
Mercury General Corp (NYSE: MCY) Key Stats
The company with the Market Capitalisation of 3.17 billion has total of 55,389K Shares Outstanding. Its annual sales at the moment are 5,476 M in contrast with the sum of 467,950 K annual income. Company’s last quarter sales were recorded 1,366 M and last quarter income was 101,070 K.
