Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Merus NV before investing.

In this article, we go over a few key elements for understanding Merus NV’s stock price such as:

• Merus NV’s current stock price and volume
• Why Merus NV’s stock price changed recently
• Upgrades and downgrades for MRUS from analysts
• MRUS’s stock price momentum as measured by its relative strength

About Merus NV (MRUS)

Before we jump into Merus NV’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Merus NV is the Netherlands - based biotechnology company, concentrated on developing differentiating therapeutics for cancer patients. The product programs in the Merus pipeline are based on the Multiclonics format. Its products are designed to bind to multiple targets, and are manufactured with features for anti-cancer effects against the complex mechanisms that drive cancer. Company's products engage cancer antigens and harness the power of the immune system to kill tumor cells by utilizing technology platform. One of the drug zenocutuzumab (Zeno), a Biclonics antibody, concentrates on helping patients with lung, pancreatic and other types of solid tumors. The company operates in the Netherlands and United States.

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Merus NV’s Stock Price as of Market Close

As of May 24, 2024, 4:00 PM, CST, Merus NV’s stock price was $59.99.

Merus NV is up 36.12% from its previous closing price of $44.07.

During the last market session, Merus NV’s stock traded between $43.33 and $44.63. Currently, there are 58.09 million shares of Merus NV stock available for purchase.

Unfortunately, Merus NV’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Merus NV Stock Price History

Merus NV’s (MRUS) price is currently up 33.58% so far this month.

During the month of May, Merus NV’s stock price has reached a high of $61.61 and a low of $42.60.

Over the last year, Merus NV has hit prices as high as $52.04 and as low as $19.81. Year to date, Merus NV’s stock is up 287.78%.

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What Caused Merus NV Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of May 23, 2024, there were 3 analysts who downgraded Merus NV’s stock and 8 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Merus NV’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Merus NV’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Merus NV’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Merus NV (MRUS) by visiting AAII Stock Evaluator.

Relative Price Strength of Merus NV

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of May 23, 2024, Merus NV has a weighted four-quarter relative price strength of 11.75%, which translates to a Momentum Score of 88 and is considered to be Very Strong.

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Merus NV Stock Price: Bottom Line

As of May 24, 2024, Merus NV’s stock price is $59.99, which is up 36.12% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Merus NV stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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