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Merus N.V (MRUS) – Don’t Be So Quick to Call it Dead

Merus N.V (NASDAQ: MRUS) is 81.85% higher on its value in year-to-date trading and has touched a low of $19.81 and a high of $61.61 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MRUS stock was last observed hovering at around $49.00 in the last trading session, with the day’s gains setting it 1.01%.

Currently trading at $50.01, the stock is -7.93% and -8.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.75 million and changing 2.06% at the moment leaves the stock 22.55% off its SMA200. MRUS registered 117.81% gain for a year compared to 6-month gain of 31.40%.

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The stock witnessed a -10.41% loss in the last 1 month and extending the period to 3 months gives it a 6.20%, and is -4.60% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.91% over the week and 4.07% over the month.

Merus N.V (MRUS) has around 229 employees, a market worth around $3.37B and $35.19M in sales. Profit margin for the company is -476.41%. Distance from 52-week low is 152.51% and -18.83% from its 52-week high. The company has generated returns on investments over the last 12 months (-22.17%).

The EPS is expected to shrink by -0.20% this year

The shares outstanding are 57.83M, and float is at 54.90M with Short Float at 12.90%.

Merus N.V (MRUS) Insider Activity

The most recent transaction is an insider sale by Silverman Peter B., the company’s COO & GC. SEC filings show that Silverman Peter B. sold 10,000 shares of the company’s common stock on Jun 27 ’24 at a price of $60.00 per share for a total of $0.6 million. Following the sale, the insider now owns 0.0 shares.

Merus N.V disclosed in a document filed with the SEC on Jun 17 ’24 that Silverman Peter B. (COO & GC) sold a total of 62,000 shares of the company’s common stock. The trade occurred on Jun 17 ’24 and was made at $56.52 per share for $3.5 million. Following the transaction, the insider now directly holds 0.0 shares of the MRUS stock.

Still, SEC filings show that on Jun 12 ’24, Shuman Harry (VP Controller, PAO) disposed off 7,300 shares at an average price of $57.84 for $0.42 million. The insider now directly holds 7,002 shares of Merus N.V (MRUS).

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