With 1.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.75 million shares. The 52-week range on MRUS shows that it touched its highest point at $61.61 and its lowest point at $33.19 during that stretch. It currently has a 1-year price target of $84.94. Beta for the stock currently stands at 0.99.
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 down-trending over the past week, with a drop of -5.90%, but this was up by 22.59% over a month. Three-month performance surged to 2.96% while six-month performance fell -16.51%. The stock lost -9.65% in the past year, while it has gained 1.71% so far this year. A look at the trailing 12-month EPS for MRUS yields -3.32 with Next year EPS estimates of -4.36. For the next quarter, that number is -1.12. This implies an EPS growth rate of -39.72% for this year and 6.92% for next year. EPS is expected to grow by 7.39% 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 61.48 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.
