Mercer Intl. Inc. MERC Stock Analysis

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

Mercer Intl. Inc. MERC Stock's Technical Performance Over The Last Year

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 ***