Somewhat Positive Media Coverage Somewhat Unlikely to Impact Mercer International (MERC) Share Price

Media coverage about Mercer International (NASDAQ:MERC) (TSE:MRI.U) has been trending somewhat positive on Wednesday, Accern reports. The research firm identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Mercer International earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 44.247342252068 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

Mercer International (NASDAQ MERC) opened at $13.30 on Wednesday. The firm has a market cap of $858.23, a price-to-earnings ratio of 15.17 and a beta of 1.48. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.44 and a current ratio of 3.58. Mercer International has a twelve month low of $9.80 and a twelve month high of $15.00.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 4th. Stockholders of record on Wednesday, December 27th will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Tuesday, December 26th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.76%. This is an increase from Mercer International’s previous quarterly dividend of $0.12. Mercer International’s dividend payout ratio (DPR) is currently 63.89%.

A number of equities research analysts have issued reports on the stock. BidaskClub upgraded shares of Mercer International from a “sell” rating to a “hold” rating in a research report on Saturday, August 19th. Royal Bank of Canada upgraded shares of Mercer International from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $12.00 to $15.00 in a research report on Wednesday, October 18th. CSFB downgraded shares of Mercer International from an “outperform” rating to a “neutral” rating and set a $15.00 target price for the company. in a research report on Friday, October 27th. Finally, Credit Suisse Group downgraded shares of Mercer International from an “outperform” rating to a “neutral” rating in a research report on Thursday, October 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Mercer International presently has an average rating of “Hold” and a consensus target price of $16.19.

In other Mercer International news, major shareholder Peter R. Kellogg purchased 2,658,743 shares of the business’s stock in a transaction dated Tuesday, October 10th. The shares were acquired at an average price of $12.41 per share, for a total transaction of $32,995,000.63. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, major shareholder Peter R. Kellogg purchased 17,243 shares of the business’s stock in a transaction dated Friday, December 8th. The shares were acquired at an average price of $13.46 per share, for a total transaction of $232,090.78. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 2,879,486 shares of company stock worth $35,591,091 and have sold 308,500 shares worth $4,082,285. 4.90% of the stock is currently owned by company insiders.

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Mercer International Company Profile

Mercer International Inc is a producer of northern bleached softwood kraft (NBSK) pulp, which is pulp that is sold on the open market. The Company also produces and sells tall oil, a by-product of its production process, which is used as both a chemical additive and as a green energy source. It produces and sells NBSK pulp, which is a bleached kraft pulp manufactured using northern softwood.

Insider Buying and Selling by Quarter for Mercer International (NASDAQ:MERC)

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