Is This Stock a Screaming Buy: Merus B.V. (:MRUS)

Equity Research firms currently have a positive stance on shares of Merus B.V. (:MRUS). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $16.50 on a short term basis.

At the time of writing, the stock was trading at $18.00. This represents a change from the opening price of 3.75%. In terms of performance, year to date, the stock is 73.90%. The monthly stock performance comes in at 88.55%. For the quarter, shares are performing at 101.62%. Weekly performance analysis shows the equity at 16.48%.

In taking a look at technical levels, shares are trading 70.55% away from the 50 day simple moving average and 87.64% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -7.22% away from it’s 52- week high and 148.10% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Merus B.V.’s RSI stands at 84.07. In looking at volatility levels, the shares saw weekly volatility of 11.04% and 7.81% over the past month.

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