Meridian Corp [MRBK] stock prices are up 1.53% to $13.96 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MRBK shares have gain 13.87% over the last week, with a monthly amount glided 6.56%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Meridian Corp [NASDAQ: MRBK] stock has seen the most recent analyst activity on January 29, 2024, when Piper Sandler downgraded its rating to a Neutral and also revised its price target to $13 from $14.
The stock price of Meridian Corp [MRBK] has been fluctuating between $10.04 and $17.33 over the past year. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Meridian Corp [NASDAQ: MRBK] shares were valued at $13.96 at the most recent close of the market. An investor can expect a potential return of 14.61% based on the average MRBK price forecast.
Analyzing the MRBK fundamentals
The Meridian Corp [NASDAQ:MRBK] reported sales of 197.96M for trailing twelve months, representing a surge of 1.65%. Gross Profit Margin for this corporation currently stands at 0.51% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.76 points at the first support level, and at 13.56 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.15, and for the 2nd resistance point, it is at 14.35.
Ratios To Look Out For
It’s worth pointing out that Meridian Corp [NASDAQ:MRBK]’s Current Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 0.91 and price to earnings (TTM) ratio is 9.81.
Transactions by insiders
Recent insider trading involved Holland Robert T., Director, that happened on May 19 ’25 when 599.0 shares were purchased. Director, Holland Robert T. completed a deal on May 19 ’25 to buy 9.0 shares. Meanwhile, Director Casciato Robert M. bought 2000.0 shares on May 09 ’25.
