Mercer International Stock Hits New 52-Week High (MERC)
Mercer International (Nasdaq:MERC) hit a new 52-week high Tuesday as it changed hands at $13.22 compared with its previous 52-week high of $12.18. Mercer International is currently trading at $12.85 with 202,737 shares changing hands as of 9:36 a.m..
NEW YORK ( TheStreet) -- Mercer International (Nasdaq: MERC) hit a new 52-week high Tuesday as it traded at $13.22 compared with its previous 52-Week high of $12.18. Mercer International is changing hands at $12.85 with 202,737 shares traded as of 9:36 a.m. ET. Average volume has been 387,300 shares over the past 30 days. Mercer International has a market cap of $478.7 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 54.2% year to date as of the close of trading on Monday. Mercer International Inc., together with its subsidiaries, manufactures and sells pulp produced from wood chips and pulp logs. Its products include northern bleached softwood kraft (NBSK) pulp, kraft pulp, and market pulp. TheStreet Ratings rates Mercer International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and poor profit margins. You can view the full Mercer International Ratings Report.