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Mercury General Corporation (MCY) Bulls Seem To Be Pushing The Price Higher

Mercury General Corporation (MCY) has seen some recent activity in the marketplace and its common shares closed trading at $40.25 yesterday. People are starting to take interest of MCY as the common shares traded as high as $40.98 and as low as $39.60 in the prior market day.

Mercury General Corporation (MCY) average trading volume is 201.03K. However, in the prior market day Mercury General Corporation (MCY) exchanged 307,929 shares. The 1st support level on MCY is $39.31 and the 1st upside resistance level on MCY is $46.40. MCY fifty day moving average is $41.61 and MCY two hundred day moving average is $41.58.

Mercury General Corporation (MCY) most recent performance has been shown by the recent movement in MCY common shares. MCY has performed -2.71% over the past month, MCY has performed -6.20% over the past 3 months and MCY has shown -15.23% over the past year. Mercury General Corporation (MCY) has a 52 week range of $33.45 to $53.97. Mercury General Corporation (MCY) is trading 20.33% from its 52 week low and -25.42% from its 52 week high. Mercury General Corporation (MCY) is indicating a 2.15% short float indicating the quantity short in the float.

MCY has 55.36M shares outstanding and 26.52M shares in the float. Mercury General Corporation (MCY) currently has a market cap of $2.23B and income of 190.00M. The EPS next quarter for MCY is 1.06 and forecasted EPS next year is -25.00%. The market cap of Mercury General Corporation (MCY) at $2.23B represents how many People own shares of MCY and is based off the last price ($40.25) of MCY and the quantity of shares outstanding (55.36M) with Mercury General Corporation (MCY).

Mercury General Corporation (MCY) has total cash (mrq) of 597.79M, total cash per share (mrq) of 10.8, total debt of MCY stands at 418.97M and total debt/equity (mrq) is 23.06. . Mercury General Corporation (MCY) running cash flow (ttm) is 513.64M, MCY leveraged free cash flow (ttm) is 396.28M.

MCY is trading -1.80% below (bearish) its SMA20, -5.61% below (bearish) its SMA50 and -5.23% below (bearish) its SMA200.

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