Mercer International Inc.’s (NASDAQ:MERC) Share Price Is Still Matching Investor Opinion Despite 27% Slump
The Mercer International Inc. (NASDAQ:MERC) share price has fared very poorly over the last month, falling by a substantial 27%. For any long-term shareholders, the last month ends a year to forget by locking in a 51% share price decline.
In spite of the heavy fall in price, there still wouldn’t be many who think Mercer International’s price-to-sales (or “P/S”) ratio of 0.2x is worth a mention when the median P/S in the United States’ Forestry industry is similar at about 0.3x. Although, it’s not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.
We’ve discovered 3 warning signs about Mercer International. View them for free.
