Mercury NZ (ASX:MCY) Trading Up 3.5%

Mercury NZ Ltd (ASX:MCY)’s share price was up 3.5% during mid-day trading on Friday . The stock traded as high as A$4.44 ($3.15) and last traded at A$4.40 ($3.12), approximately 3,393 shares changed hands during mid-day trading. The stock had previously closed at A$4.25 ($3.01).

The company has a market capitalization of $5.99 billion and a PE ratio of 37.61. The company has a current ratio of 0.52, a quick ratio of 0.43 and a debt-to-equity ratio of 37.57. The firm’s 50-day simple moving average is A$4.80 and its 200-day simple moving average is A$4.32.

Mercury NZ Company Profile (ASX:MCY)

Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity in New Zealand. The company operates through Energy Markets and Others segments. It operates nine hydro generation stations on the Waikato River; and five geothermal generation stations in the central North Island.

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