In a filing, Merck & Co Inc revealed its President, U.S. Market Oosthuizen Johannes Jacobus unloaded Company’s shares for reported $0.71 million on Feb 19 ’25. In the deal valued at $84.09 per share,8,500 shares were sold. As a result of this transaction, Oosthuizen Johannes Jacobus now holds 30,705 shares worth roughly $2.39 million.
Then, JOHANNES JACOBUS OOSTHUIZEN bought 8,500 shares, generating $714,745 in total proceeds.
Before that, DAVID WILLIAMS bought 6,000 shares. Merck & Co Inc shares valued at $512,057 were divested by the Officer at a price of $85.34 per share.
Deutsche Bank downgraded its Merck & Co Inc [MRK] rating to a Hold from a a Buy in a research note published on February 18, 2025; the price target was decreased to $105 from $128. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. Truist also remained covering MRK and has decreased its forecast on January 08, 2025 with a “Hold” recommendation from previously “Buy” rating. BMO Capital Markets revised its rating on December 20, 2024. It rated MRK as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of MRK
On Thursday, Merck & Co Inc [NYSE:MRK] saw its stock jump 2.01% to $78.00. Over the last five days, the stock has gained 0.58%. Merck & Co Inc shares have fallen nearly -21.59% since the year began. Nevertheless, the stocks have fallen -37.63% over the past one year. While a 52-week high of $134.63 was reached on 01/07/25, a 52-week low of $75.93 was recorded on 04/16/25. SMA at 50 days reached $88.02, while 200 days put it at $103.64.
Levels Of Support And Resistance For MRK Stock
The 24-hour chart illustrates a support level at 77.00, which if violated will result in even more drops to 76.01. On the upside, there is a resistance level at 78.87. A further resistance level may holdings at 79.75. The Relative Strength Index (RSI) on the 14-day chart is 33.43, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.56%. Stochastics %K at 11.71% 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 2025-03-31, dropping by -3.01 million shares to a total of 37.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 40.94 million shares. There was a decline of -7.93%, which implies that there is a negative sentiment for the stock.
