Mercer International Inc’s filing revealed that its 10% Owner KELLOGG PETER R acquired Company’s shares for reported $0.22 million on Jun 09 ’25. In the deal valued at $3.75 per share,58,400 shares were bought. As a result of this transaction, KELLOGG PETER R now holds 2,000,000 shares worth roughly $7.34 million.
Then, KELLOGG PETER R bought 50,200 shares, generating $181,851 in total proceeds. Upon buying the shares at $3.62, the 10% Owner now owns 1,968,200 shares.
Before that, KELLOGG PETER R bought 33,420 shares. Mercer International Inc shares valued at $124,276 were divested by the 10% Owner at a price of $3.72 per share. As a result of the transaction, KELLOGG PETER R now holds 860,000 shares, worth roughly $3.16 million.
CIBC upgraded its Mercer International Inc [MERC] rating to a Neutral from a a Sector underperform in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Mkt perform”. CIBC also remained covering MERC and has decreased its forecast on July 20, 2023 with a “Sector underperform” recommendation from previously “Neutral” rating. Credit Suisse revised its rating on February 10, 2023. It rated MERC as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of MERC
On Tuesday, Mercer International Inc [NASDAQ:MERC] saw its stock fall -3.93% to $3.67. Over the last five days, the stock has gained 1.38%. Mercer International Inc shares have fallen nearly -56.21% since the year began. Nevertheless, the stocks have fallen -43.54% over the past one year. While a 52-week high of $8.52 was reached on 02/27/25, a 52-week low of $3.20 was recorded on 05/06/25.
Levels Of Support And Resistance For MERC Stock
The 24-hour chart illustrates a support level at 3.60, which if violated will result in even more drops to 3.52. On the upside, there is a resistance level at 3.82. A further resistance level may holdings at 3.97.
How much short interest is there in Mercer International Inc?
A steep rise in short interest was recorded in Mercer International Inc stocks on 2025-06-13, dropping by -0.14 million shares to a total of 1.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.41 million shares. There was a decline of -10.56%, which implies that there is a negative sentiment for the stock.
