In yesterday’s Wall Street session, Mercer International Inc. (NASDAQ:MERC) shares traded at $8.57, up 0.59% from the previous session.
MERC stock price is now -12.26% away from the 50-day moving average and -6.30% away from the 200-day moving average. The market capitalization of the company currently stands at $572.90M.
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, while ‘CIBC’ rates the stock as ‘Sector Underperform’
A total of 42.85% of the company’s stock is owned by insiders.
During the past 12 months, Mercer International Inc. has had a low of $7.01 and a high of $11.20. As of last week, the company has a debt-to-equity ratio of 2.85, a current ratio of 3.74, and a quick ratio of 2.38. The fifty day moving average price for MERC is $9.7438 and a two-hundred day moving average price translates $9.14335 for the stock.
The latest earnings results from Mercer International Inc. (NASDAQ: MERC) was released for 2024-03-31. The net profit margin was -11.27% and return on equity was -32.68% for MERC. The company reported revenue of $553.43 million for the quarter, compared to $522.67 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.89 percent.
