Jefferies Reaffirms Their Buy Rating on Merck & Company (MRK)
TipRanks (Tue, 26-Nov 8:16 AM ET)
Merck to Participate in the Citi 2024 Global Healthcare Conference
Business Wire (Tue, 26-Nov 6:45 AM ET)
TipRanks (Tue, 26-Nov 6:05 AM ET)
Why Is Merck Stock Trading Higher On Monday?
Benzinga (Mon, 25-Nov 12:02 PM ET)
Merck Phase 3 study of Winrevair in PAH meets primary endpoint
Seeking Alpha News (Mon, 25-Nov 10:27 AM ET)
Business Wire (Mon, 25-Nov 6:45 AM ET)
Trump picks surgeon Marty Makary to head FDA, Rep. Dave Weldon to lead CDC
Seeking Alpha News (Fri, 22-Nov 9:25 PM ET)
Trump picks surgeon Makary to head FDA, Rep. Dave Weldon to lead CDC
Seeking Alpha News (Fri, 22-Nov 9:25 PM ET)
Merck (MRK) Recommends that Shareholders Reject TRC Capital’s Mini-Tender Offer
TipRanks (Fri, 22-Nov 5:52 PM ET)
Merck recommends rejection of TRC Capital’s 'mini-tender' offer
Seeking Alpha News (Fri, 22-Nov 4:29 PM ET)
Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm's immuno-oncology platform is growing as a major contributor to overall sales. The company also has a substantial vaccine business, with treatments to prevent pediatric diseases as well as human papillomavirus, or HPV. Additionally, Merck sells animal health-related drugs. From a geographical perspective, just under half of the company's sales are generated in the United States.
Merck Common (New) trades on the NYSE stock market under the symbol MRK.
As of November 26, 2024, MRK stock price climbed to $101.62 with 7,867,996 million shares trading.
MRK has a beta of 0.64, meaning it tends to be less sensitive to market movements. MRK has a correlation of 0.13 to the broad based SPY ETF.
MRK has a market cap of $257.06 billion. This is considered a Mega Cap stock.
Last quarter Merck Common (New) reported $17 billion in Revenue and $1.57 earnings per share. This beat revenue expectation by $187 million and exceeded earnings estimates by $.06.
In the last 3 years, MRK traded as high as $134.63 and as low as $71.50.
The top ETF exchange traded funds that MRK belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
MRK has underperformed the market in the last year with a return of +2.8%, while the SPY ETF gained +33.5%. In the last 3 month period, MRK fell short of the market, returning -12.2%, while SPY returned +7.2%. However, in the most recent 2 weeks MRK has outperformed the stock market by returning +0.9%, while SPY returned +0.3%.
MRK support price is $99.69 and resistance is $102.63 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MRK shares will trade within this expected range on the day.