Merus N.V [NASDAQ: MRUS] closed the trading session at $42.99.
The stocks have a year to date performance of 54.22 percent and weekly performance of -5.55 percent. The stock has been moved at -25.58 percent over the last six months. The stock has performed -6.77 percent around the most recent 30 days and changed -10.72 percent over the most recent 3-months.
If compared to the average trading volume of 554.09K shares, MRUS reached to a volume of 292192 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Merus N.V [MRUS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MRUS shares is $87.19 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MRUS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Merus N.V shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 21, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on October 24, 2024, representing the official price target for Merus N.V stock. Previously, the target price had yet another raise to $69, while Truist analysts kept a Buy rating on MRUS stock. On March 04, 2024, analysts increased their price target for MRUS shares from 42 to 65.
The Average True Range (ATR) for Merus N.V is set at 2.06, with the Price to Sales ratio for MRUS stock in the period of the last 12 months amounting to 80.81. The Price to Book ratio for the last quarter was 4.13, with the Price to Cash per share for the same quarter was set at 9.24.
MRUS stock trade performance evaluation
Merus N.V [MRUS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.55. With this latest performance, MRUS shares dropped by -6.77% in over the last four-week period, additionally sinking by -25.58% over the last 6 months – not to mention a rise of 56.67% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MRUS stock in for the last two-week period is set at 41.45, with the RSI for the last a single of trading hit 42.32, and the three-weeks RSI is set at 41.43 for Merus N.V [MRUS]. The present Moving Average for the last 50 days of trading for this stock 47.74, while it was recorded at 42.25 for the last single week of trading, and 49.42 for the last 200 days.
Merus N.V [MRUS]: An insightful look at the core fundamentals
Merus N.V’s liquidity data is similarly interesting compelling, with a Quick Ratio of 8.32 and a Current Ratio set at 8.32.
Earnings per share (EPS) analysis for Merus N.V [MRUS] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MRUS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Merus N.V go to -13.30%.
Merus N.V [MRUS]: Institutional Ownership
There are presently around $106.28%, or 108.49%% of MRUS stock, in the hands of institutional investors. The top three institutional holders of MRUS stocks are: FMR LLC with ownership of 6.22 million shares, which is approximately 10.7169%. RTW INVESTMENTS, LP, holding 4.17 million shares of the stock with an approximate value of $$246.7 million in MRUS stocks shares; and RTW INVESTMENTS, LP, currently with $$189.34 million in MRUS stock with ownership which is approximately 5.5091%.
