Value gained By Merus N.V. (MRUS) In The Past Week: $29.77

Merus N.V. (NASDAQ:MRUS) trading with an addition of $7.51 to $27.51 on Thursday, an upside of 37.55 percent. An average of 979,092 shares of common stock have been traded in the last five days. There was a gain of $3.15 in the past week. The last 20 days have seen an average of 339,408 shares traded, while the 50-day average volume stands at 276,107.

MRUS stock has decreased by -24.04% in the last month. The company shares reached their 1-month lowest point of $19.80 on 10/06/21. With the stock rallying to its 52-week high on 01/26/21, shares of the company touched a low of $11.19 and a high of $31.27 in 52 weeks. In spite of this, the price is down -12.03% from the 52-week high.


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Insider Transactions

56 days have passed since Merus N.V. (MRUS) last reported insider trading activity. de Kruif John, who is SVP & Chief Technology Officer, most recently acquired $2,787 shares at $19.34 per share on Aug 12. In this transaction, the insider spent $53,901. 10% Owner, BVF PARTNERS L P/IL, disposed of 2,186,022 shares at a price of $20.75 on Jul 02. The insider now owns more than $45,359,956 worth of shares. Prior to that, SVP, Chief Development Officer Bakker Lex went on to Sale 3,860 shares at $21.05 each on Jul 01. An amount of $81,242 was transacted.

Valuation Metrics

Merus N.V. (MRUS) has a trailing price-to-earnings (P/E) ratio of 34.65 for the broader industry and 32.25 for the sector. This means investors are optimistic about the stock’s future prospects. The stock’s beta is 0.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 20.09, the price-to-book (PB) ratio at 3.50.

The quick ratio of Merus N.V. for the three months ended June 29 was 5.70, and the current ratio was 5.70, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending June 29. Merus N.V.’s EBITDA margin for the year ending June 29 is -248.59%. Its gross profit as reported stood at $105.82 million compared to revenue of $29.94 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Merus N.V.’s return on assets was -29.00%, compared to -40.8% over the last five years. In the past year, the return on investment has been -74.70%, and the 5-year average is -89.8%. Meanwhile, the return on equity (ROE) for the past 12 months has been -55.20% and the 5-year average holds at -90.3%. For the broader industry, ROE averaged -68.79 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Merus N.V. had $41.28 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $12.38 million in the quarter, while revenues of $8.35 million were grew 51.05%. The analyst consensus anticipated Merus N.V.’s latest quarter earnings to come in at -$0.58 per share, but it turned out to be -$0.71, a -22.40% surprise. For the quarter, EBITDA amounted to -$22.42 million. Shareholders own equity worth $38.48 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Merus N.V. (MRUS) price momentum. RSI 9-day as of the close on 06 October was 63.97%, suggesting the stock is Neutral, with historical volatility in this time frame at 128.82%.

As of today, MRUS’s price is $21.78 +14.33% or $3.15 from its 5-day moving average. MRUS is currently trading -7.19% lower than its 20-day SMA and +11.59% higher than its 100-day SMA. However, the stock’s current price level is +47.09% above the SMA50 and +52.44% above the SMA200.

The stochastic %K and %D were 20.62% and 13.75%, respectively, and the average true range (ATR) was 2.30. With the 14-day stochastic at 53.69% and the average true range at 1.98, the RSI (14) stands at 59.20%. The stock has reached 0.07 on the 9-day MACD Oscillator while the 14-day reading was at -0.37.

Analyst Ratings

Citigroup upgraded Merus N.V. (NASDAQ: MRUS) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a a Neutral.The consensus rating for Merus N.V. (MRUS) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell MRUS, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 6 others rate it as a “buy”.

What is MRUS’s price target for the next 12 months?

Analysts predict a range of price targets between $17.86 and $28.91, with a median target of $27.08. Taking a look at these predictions, the average price target given by analysts for Merus N.V. (MRUS) stock is $25.75.

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