In a filing, Merck & Co Inc revealed its Officer DAVID WILLIAMS acquired Company’s shares for reported $0.51 million on Feb 13 ’25. In the deal valued at $85.34 per share,6,000 shares were bought.
Then, Williams David Michael sold 6,000 shares, generating $512,057 in total proceeds. Upon selling the shares at $85.34, the EVP,Chief Info&Digital Officer now owns 24,123 shares.
Before that, THULIN INGE G bought 2,833 shares. Merck & Co Inc shares valued at $250,000 were divested by the Director at a price of $88.25 per share. As a result of the transaction, THULIN INGE G now holds 2,933 shares, worth roughly $0.24 million.
TD Cowen downgraded its Merck & Co Inc [MRK] rating to a Hold from a a Buy in a research note published on February 10, 2025; the price target was decreased to $100 from $121. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. BMO Capital Markets also remained covering MRK and has decreased its forecast on December 20, 2024 with a “Market perform” recommendation from previously “an Outperform” rating.
Price Performance Review of MRK
On Friday, Merck & Co Inc [NYSE:MRK] saw its stock fall -1.67% to $83.01. Over the last five days, the stock has lost -4.89%. Merck & Co Inc shares have fallen nearly -16.56% since the year began. Nevertheless, the stocks have fallen -33.82% over the past one year. While a 52-week high of $134.63 was reached on 01/07/25, a 52-week low of $84.31 was recorded on 02/14/25. SMA at 50 days reached $97.29, while 200 days put it at $112.46.
Levels Of Support And Resistance For MRK Stock
The 24-hour chart illustrates a support level at 81.81, which if violated will result in even more drops to 80.61. On the upside, there is a resistance level at 84.50. A further resistance level may holdings at 85.98. The Relative Strength Index (RSI) on the 14-day chart is 21.34, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.71, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.93%. Stochastics %K at 2.06% 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 2025-01-31, dropping by -1.32 million shares to a total of 29.6 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 30.93 million shares. There was a decline of -4.47%, which implies that there is a negative sentiment for the stock.
