Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Mercury General Corp (NYSE: MCY) weakened during the last several trading days. MCY’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Mercury General Corp (NYSE: MCY) stock suffered a large decline of -7.5% on 1/17/25. The stock closed at $48.19. Moreover, this decline was accompanied by exceptionally high trading volume at 250% of normal. The stock has declined -20.6% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Mercury General has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Mercury General has a slightly negative Appreciation Score of 33 but a good Power Rating of 83, producing the High Neutral Value Trend Rating.
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