Alert: Positive Investment/Fundamental Signals (3/4/24)-Mercer International Inc (NASDAQ: MERC)

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Mercer International Inc (NASDAQ: MERC) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

Minor positive changes in fundamentals have recently occurred for Mercer International Inc (NASDAQ: MERC). Positive developments: significant quarterly earnings acceleration occurred, and the consensus estimate for December, 2025 increased significantly. Negative development: significant quarterly sales deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, MERC is expected to be Value Creation neutral.

Mercer International has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Mercer International has a neutral Appreciation Score of 56 and a slightly positive Power Rating of 65, and the High Neutral Value Trend Rating results.

Recent Price Action

Mercer International Inc (NASDAQ: MERC) stock closed at $10.17 on 3/4/24 after a very large increase of 7.2%. Moreover, unusually high trading volume at 157% of normal accompanied the advance. The stock has risen 19.5% during the last week and has performed in line with the market over the last nine months.

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