What was Merit Medical stock price on 12/18/2024 | MMSI - Macroaxis

Merit Medical Systems Stock Price on December 18, 2024

MMSI Stock  USD 96.27  0.86  0.89%   
Below is the normalized historical share price chart for Merit Medical Systems extending back to May 14, 1990. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Merit Medical stands at 96.27, as last reported on the 20th of December, with the highest price reaching 98.18 and the lowest price hitting 96.17 during the day.
IPO Date
9th of August 1990
200 Day MA
88.1947
50 Day MA
100.4322
Beta
0.892
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Merit Stock, it is important to understand the factors that can impact its price. Merit Medical Systems has Sharpe Ratio of -0.0419, which conveys that the firm had a -0.0419% return per unit of risk over the last 3 months. Merit Medical exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Merit Medical's Standard Deviation of 1.25, risk adjusted performance of (0.02), and Mean Deviation of 0.9124 to check out the risk estimate we provide.
  
As of now, Merit Medical's Common Stock is increasing as compared to previous years. The Merit Medical's current Capital Stock is estimated to increase to about 681.9 M, while Common Stock Shares Outstanding is projected to decrease to under 39.5 M. . As of now, Merit Medical's Price Cash Flow Ratio is decreasing as compared to previous years. Merit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0419

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsMMSI

Estimated Market Risk

 1.26
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Merit Medical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Merit Medical by adding Merit Medical to a well-diversified portfolio.
Price Book
4.3597
Enterprise Value Ebitda
21.2112
Price Sales
4.2694
Shares Float
56.9 M
Wall Street Target Price
112.4

Merit Medical Valuation on December 18, 2024

It is possible to determine the worth of Merit Medical on a given historical date. On December 18, 2024 Merit was worth 99.45 at the beginning of the trading date compared to the closed value of 97.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Merit Medical stock. Still, in general, we apply an absolute valuation method to find Merit Medical's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Merit Medical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Merit Medical's related companies.
 Open High Low Close Volume
  100.35    101.91    98.87    99.00    681,606  
12/18/2024
  99.45    100.74    96.54    97.13    551,984  
  97.58    98.18    96.17    96.27    468,986  
Backtest Merit Medical  |  Merit Medical History  |  Merit Medical Valuation PreviousNext  
Open Value
99.45
97.13
Closing Value
103.22
Upside

Merit Medical Trading Date Momentum on December 18, 2024

On December 19 2024 Merit Medical Systems was traded for  96.27  at the closing time. The top price for the day was 98.18  and the lowest listed price was  96.17 . The trading volume for the day was 469 K. The trading history from December 19, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.89% . The trading delta at closing time against the current closing price is 0.46% .
JavaScript chart by amCharts 3.21.1512/18/2024Dec 09Dec 11Dec 13Dec 15Dec 17Dec 1998100102104

Merit Medical Systems Fundamentals Correlations and Trends

By evaluating Merit Medical's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Merit Medical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Merit financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Merit Medical Stock history

Merit Medical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Merit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Merit Medical Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Merit Medical stock prices may prove useful in developing a viable investing in Merit Medical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding58.4 M39.5 M
Net Income Applicable To Common Shares85.7 M90 M

Merit Medical Quarterly Net Working Capital

877.24 Million

Merit Medical Stock Technical Analysis

Merit Medical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Merit Medical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Merit Medical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Merit Medical Period Price Range

Low
December 20, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Merit Medical Systems cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Merit Medical December 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Merit Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Merit Medical shares will generate the highest return on investment. By undertsting and applying Merit Medical stock market strength indicators, traders can identify Merit Medical Systems entry and exit signals to maximize returns

Merit Medical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Merit Medical's price direction in advance. Along with the technical and fundamental analysis of Merit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Merit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Merit Stock analysis

When running Merit Medical's price analysis, check to measure Merit Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merit Medical is operating at the current time. Most of Merit Medical's value examination focuses on studying past and present price action to predict the probability of Merit Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merit Medical's price. Additionally, you may evaluate how the addition of Merit Medical to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites