Merus N.V (NASDAQ:MRUS) price on Thursday, April 10, fall -2.38% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $38.62.
A look at the stock’s price movement, the close in the last trading session was $39.56, moving within a range at $35.53 and $39.24. The beta value (5-Year monthly) was 1.026. Turning to its 52-week performance, $61.61 and $33.19 were the 52-week high and 52-week low respectively. Overall, MRUS moved -21.44% over the past month.
Merus N.V’s market cap currently stands at around $2.67 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-26.
The average forecast suggests down to a -12.45% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 39.91M, representing a 10.46% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MRUS is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 7 recommend MRUS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MRUS’s current price about -11.00% and -11.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.05, while 7-day volatility ratio is 13.02% and 7.68% in the 30-day chart. Further, Merus N.V (MRUS) has a beta value of 0.97, and an average true range (ATR) of 3.30. Analysts have given the company’s stock an average 52-week price target of $73, forecast between a low of $72 and high of $95. Looking at the price targets, the low is -86.43% off current price level while to achieve the yearly target high, price needs to move -145.99%. Nonetheless, investors will most likely welcome a -89.02% jump to $73 which is the analysts’ median price.
If we refocus on Merus N.V (NASDAQ:MRUS), historical trading data shows that trading volumes averaged 1.12 over the past 10 days and 727.87K over the past 3 months. The company’s latest data on shares outstanding shows there are 68.83 million shares.
The 11.34% of Merus N.V’s shares are in the hands of company insiders while institutional holders own 95.10% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.06 million on 2025-03-14, giving us a short ratio of 10.75. The data shows that as of 2025-03-14 short interest in Merus N.V (MRUS) stood at 1172.0 of shares outstanding, with shares short rising to 6.64 million registered in 2025-02-14. Current price change has pushed the stock -8.16% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MRUS stock continues to rise going into the next quarter.
