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Merus Labs International (NASDAQ:MSLI) Getting Somewhat Favorable Media Coverage, Analysis Finds
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Several research analysts have issued reports on the company. Zacks Investment Research upgraded Merus Labs International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 18th. Canaccord Genuity cut Merus Labs International to a “hold” rating and set a $1.65 target price on the stock. in a report on Thursday, May 11th. Seven research analysts have rated the stock with a hold rating, Merus Labs International presently has an average rating of “Hold” and a consensus price target of $1.35.
Shares of Merus Labs International (MSLI) remained flat at $1.30 during mid-day trading on Monday. The company’s stock had a trading volume of 9,409 shares. Merus Labs International has a 12-month low of $0.70 and a 12-month high of $1.33. The stock has a 50 day moving average of $1.20 and a 200 day moving average of $0.94.
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About Merus Labs International
Merus Labs International Inc is a specialty pharmaceutical company. The Company is engaged in the acquisition and licensing of branded prescription pharmaceutical products. The Company’s products include Elantan, Isoket, Deponit, Sintrom, Emselex/Enablex, Surgestone, Provames, Speciafoldine, Tredemine, Salagen, Estraderm MX and Vancocin.