During the last session, Merus N.V (NASDAQ:MRUS)’s traded shares were 0.6 million, with the beta value of the company hitting 1.04. At the end of the trading day, the stock’s price was $53.10, reflecting an intraday gain of 0.98% or $0.51. The 52-week high for the MRUS share is $62.98, that puts it down -18.61 from that peak though still a striking 37.5% gain since the share price plummeted to a 52-week low of $33.19. The company’s market capitalization is $3.96B, and the average trade volume was 1.22 million shares over the past three months.
Merus N.V (MRUS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. MRUS has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it.
Merus N.V (NASDAQ:MRUS) trade information
Merus N.V (MRUS) registered a 0.98% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.98% in intraday trading to $53.10, hitting a weekly high. The stock’s 5-day price performance is -4.13%, and it has moved by 20.67% in 30 days. Based on these gigs, the overall price performance for the year is -4.78%.
The consensus price target of analysts on Wall Street is $110, which implies an increase of 51.73% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $110 and $110 respectively. As a result, MRUS is trading at a discount of -107.16% off the target high and -107.16% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -8.04%. While earnings are projected to return -44.19% in 2025, the next five years will return -1.28% per annum.
MRUS Dividends
Merus N.V is due to release its next quarterly earnings on 2025-May-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Merus N.V (NASDAQ:MRUS)’s Major holders
Merus N.V insiders own 2.33% of total outstanding shares while institutional holders control 98.83%, with the float percentage being 101.19%. FMR LLC is the largest shareholder of the company, while 269.0 institutions own stock in it. As of 2024-06-30, the company held over 6.22 million shares (or 10.0644% of all shares), a total value of $368.33 million in shares.
The next largest institutional holding, with 4.17 million shares, is of RTW INVESTMENTS, LP’s that is approximately 6.741% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $246.7 million.
