Mercer International Up 3.9% After Hitting 52-Week High (MERC)

Shares of Vancouver, Canada-based Mercer International Inc. MERC are trading up 3.9% at $7.93 per share during the Monday afternoon trading session. The day's range for shares of Mercer International Inc has been between $7.75 and a 52-week high of $8.05 per share. The average price target of analysts who cover Mercer International Inc. (MERC) is $5.83 per share. Volume of 154,000 shares is still below the daily average volume of 337,000 shares. Mercer International Inc is a global pulp manufacturing company that operates three northern bleached softwood kraft (NBSK) pulp mills, including the Rosenthal mill and the Stendal mill in Germany, as well as the Celgar mill in Canada. Read more from Benzinga's Company news.