The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Until today this year the stock’s price performance recorded a decrease of -60.63%. However, over the last six months, the performance has been stronger by -55.98%. The price of MERC decreased -19.03% over the last 30 days. And in the last five days, it has fallen by -23.74%.
Mercer International Inc (MERC) stock is currently valued at $3.02. During the last session, the stock experienced a remarkable rise, reaching $4.0 after opening at $3.02. The stock briefly dropped to $3.5 before ultimately closing at $3.71.
Mercer International Inc saw a rather unpredictable run in, in terms of market performance.
52-week price history of MERC Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Mercer International Inc’s current trading price is -63.53% away from its 52-week high, while its distance from the 52-week low is -5.03%. The stock’s price range during this period has varied between$3.18 and $8.28. The Mercer International Inc’s shares, which operate in the Basic Materials, saw a trading volume of around 3.57 million for the day, a figure considerably higher than their average daily volume of 0.69 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Mercer International Inc (MERC) has experienced a quarterly decline of -28.27% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 202.29M and boasts a workforce of 3580 employees.
Mercer International Inc: Analysts’ Ratings Unveiled
As of right now, 0 analyst is rating Mercer International Inc as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.38, with a change in price of -3.33. Similarly, Mercer International Inc recorded 622,293 in trading volume during the last 100 days, posting a change of -52.44%.
MERC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MERC stands at 3.46. Similarly, the long-term debt-to-equity ratio is also 3.43.
MERC Stock Stochastic Average
Mercer International Inc’s raw stochastic average for the past 50 days is presently 11.59%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 11.59%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 39.26% and 60.89%, respectively.