Merck & Co Inc’s filing revealed that its Director THULIN INGE G acquired Company’s shares for reported $0.25 million on Feb 06 ’25. In the deal valued at $88.25 per share,2,833 shares were bought. As a result of this transaction, THULIN INGE G now holds 2,933 shares worth roughly $0.26 million.
Then, Downing Cristal N sold 2,361 shares, generating $209,551 in total proceeds. Upon selling the shares at $88.76, the Chief Comm. & Public Afrs Ofcr now owns 7,085 shares.
Before that, BAKER DOUGLAS M JR bought 15,000 shares. Merck & Co Inc shares valued at $1,327,500 were divested by the Director at a price of $88.50 per share. As a result of the transaction, BAKER DOUGLAS M JR now holds 16,000 shares, worth roughly $1.4 million.
Truist downgraded its Merck & Co Inc [MRK] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “a Market perform”. HSBC Securities revised its rating on December 04, 2024. It rated MRK as “a Buy” which previously was an “a Hold”.
Price Performance Review of MRK
On Friday, Merck & Co Inc [NYSE:MRK] saw its stock fall -0.87% to $87.28. Over the last five days, the stock has lost -11.68%. Merck & Co Inc shares have fallen nearly -12.26% since the year began. Nevertheless, the stocks have fallen -31.21% over the past one year. While a 52-week high of $134.63 was reached on 01/07/25, a 52-week low of $87.33 was recorded on 02/07/25. SMA at 50 days reached $98.93, while 200 days put it at $113.56.
Levels Of Support And Resistance For MRK Stock
The 24-hour chart illustrates a support level at 86.73, which if violated will result in even more drops to 86.19. On the upside, there is a resistance level at 88.21. A further resistance level may holdings at 89.15. The Relative Strength Index (RSI) on the 14-day chart is 26.63, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.74, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.77%. Stochastics %K at 7.99% indicates the stock is a buying.
How much short interest is there in Merck & Co Inc?
A steep rise in short interest was recorded in Merck & Co Inc stocks on 2025-01-15, growing by 2.1 million shares to a total of 34.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 32.03 million shares. There was a rise of 6.15%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 15, 2024 when Wolfe Research began covering the stock and recommended ‘”a Peer perform”‘ rating .
