Mercer Intl. Inc. stock trades under the ticker MERC & has shown recent bullishness that traders & investors should research further.
MERC stock closed at $15.09/share on 6/3/2022.
Mercer Intl. Inc. MERC Stock’s Technical Performance Broken Down
MERC Stock Price: $15.09
10 Day Moving Average: $14.59
50 Day Moving Average: $14.99
200 Day Moving Average: $12.50
RSI: 52.28
MACD: -0.102
On Friday, MERC stock completed a bullish MACD crossover, while breaking out above their 50 day moving average.
With ~3% between their 10 & 50 day MA’s & a neutral RSI, there looks to be more bullish momentum in the near-term.
They will need to break above the $15.22 & $15.63 resistance levels as they continue climbing higher.
Mercer Intl. Inc. MERC Stock As A Long-Term Investment
Long-term oriented investors will like MERC stock’s valuation metrics, with a 3.72 P/E (ttm) & a 1.23 P/B (mrq).
They recently reported 43.6% Quarterly Revenue Growth Y-o-Y, with 1,398% Quarterly Earnigns Growth Y-o-Y.
Their balance sheet may warrant a closer review, with $410.7M in Total Cash (mrq) & $1.28B in Total Debt (mrq).
MERC stock pays a 1.81% dividend yield, which appears stable in the long run, as their payout ratio is 7%.
51.8% of MERC stock’s outstanding share float is owned by institutional investors.
Mercer Intl. Inc. MERC Stock As A Short-Term Trade Using Options
Short-term focused traders can use options to profit from MERC stock’s price movement, while hedging against broader market volatility.
I am looking at the contracts with the 6/17 expiration date.
The $7.50, $10 & $15 calls are all in-the-money, although very illiquid with 163 total contracts between the three strikes.
There are no in-the-money puts, although the $15 strike does have 92 contracts of open interest.
Tying It All Together
MERC stock has a lot of interesting characteristics that may appeal to your portfolio strategy.
Long-term investors will like their valuation metrics & dividend yield, but may wish to further inspect their balance sheet before investing.
Short-term focused traders will like their current momentum & technical set up, but may be disappointed by the lack of liquidity in their near-expiration options.
Overall, MERC stock is worth taking a closer look into, to see how it fits into your portfolio’s strategy.
*** I DO NOT OWN SHARES OF MERC STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***