With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.16 million shares. The 52-week range on MRUS shows that it touched its highest point at $62.98 and its lowest point at $33.19 during that stretch. It currently has a 1-year price target of $91.12. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MRUS was up-trending over the past week, with a rise of 0.25%, but this was up by 42.56% over a month. Three-month performance surged to 22.01% while six-month performance rose 21.64%. The stock gained 11.62% in the past year, while it has gained 33.67% so far this year. A look at the trailing 12-month EPS for MRUS yields -4.12 with Next year EPS estimates of -4.67. For the next quarter, that number is -1.14. This implies an EPS growth rate of -44.82% for this year and 3.81% for next year. EPS is expected to decline by -3.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -8.04%.
Float and Shares Shorts:
At present, 69.18 million MRUS shares are outstanding with a float of 66.31 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MRUS since 7 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.42693 being high and -$4.05256 being low. For MRUS, this leads to a yearly average estimate of -$3.63236. Based on analyst estimates, the high estimate for the next quarter is -$1.01 and the low estimate is -$1.32. The average estimate for the next quarter is thus -$1.16.
