TD Securities Lowers Mercer International to Hold (MERC)
Shares of Mercer International traded down 2.61% during mid-day trading on Tuesday, hitting $6.71. Mercer International has a one year low of $5.30 and a one year high of $13.75. The company has a market cap of $372.7 million and a P/E ratio of 5.82.
Separately, analysts at Zacks upgraded shares of Mercer International from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, February 22nd.
Mercer International Inc. (Mercer) is a producer of market northern bleached softwood kraft (NBSK), pulp in the world.