Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Mercer International Inc shares valued at $25,312 were purchased by Merforth Carsten on May 08 ’25. At $3.62 per share, Merforth Carsten acquired 7,000 shares. The insider’s holdings grew to 22,651 shares worth approximately $79958.03 following the completion of this transaction.
Also, BECK WOLFGANG purchased 8,791 shares, netting a total of over 31,687 in proceeds. Following the buying of shares at $3.60 each, the insider now holds 35,054 shares.
Before that, Laberge Alice had added 1,000 shares to its account. In a trade valued at $3,640, the Director bought Mercer International Inc shares for $3.64 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $28469.449999999997.
As published in a research note from CIBC on January 12, 2024, Mercer International Inc [MERC] has been rated up from a Sector underperform to a Neutral. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early August. As of July 20, 2023, CIBC has decreased its “Neutral” rating to a “Sector underperform” for MERC. Earlier on February 10, 2023, Credit Suisse downgraded its rating. Their new recommendation was “a Neutral” for MERC stock which previously was a “an Outperform”.
Analyzing MERC Stock Performance
During the last five days, there has been a drop of approximately -13.05%. Over the course of the year, Mercer International Inc shares have dropped approximately -45.69%. Shares of the company reached a 52-week high of $8.28 on 02/27/25 and a 52-week low of $3.20 on 05/06/25.
Support And Resistance Levels for Mercer International Inc (MERC)
According to the 24-hour chart, there is a support level at 3.47, which, if violated, would cause prices to drop to 3.41. In the upper region, resistance lies at 3.59. The next price resistance is at 3.65. RSI (Relative Strength Index) is 31.66 on the 14-day chart, showing neutral technical sentiment.
