BRT Apartments Corp. (BRT) Reaches $11.31 After 4.00% Down Move; Mercer International (MERC) Sentiment Is 1.4

February 12, 2018 - By Winifred Garcia

The stock of BRT Apartments Corp. (NYSE:BRT) is a huge mover today! The stock decreased 3.38% or $0.3954 during the last trading session, reaching $11.3146. About 67,247 shares traded or 38.54% up from the average. BRT Apartments Corp. (NYSE:BRT) has risen 12.11% since February 12, 2017 and is uptrending. It has underperformed by 4.59% the S&P500.The move comes after 9 months negative chart setup for the $158.66 million company. It was reported on Feb, 12 by Barchart.com. We have $10.86 PT which if reached, will make NYSE:BRT worth $6.35 million less.

Mercer International Inc., together with its subsidiaries, makes and sells northern bleached softwood Kraft pulp worldwide. The company has market cap of $826.86 million. It produces NBSK pulp principally from wood chips and pulp logs; and tall oil for use as a chemical additive and green energy source, as well as carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste. It has a 17.46 P/E ratio. The firm sells its pulp to tissue, specialty papers, and printing and writing paper manufacturers; and green energy to third party utilities.

Since January 1, 0001, it had 4 insider purchases, and 23 selling transactions for $28.81 million activity.

The stock increased 0.20% or $0.025 during the last trading session, reaching $12.725. About 90,287 shares traded. Mercer International Inc. (MERC) has risen 25.28% since February 12, 2017 and is uptrending. It has outperformed by 8.58% the S&P500.

Iat Reinsurance Co Ltd. holds 30.11% of its portfolio in Mercer International Inc. for 16.47 million shares. Knighthead Capital Management Llc owns 2.32 million shares or 3.93% of their US portfolio. Moreover, Aegis Financial Corp has 3.54% invested in the company for 211,115 shares. The New York-based Gates Capital Management Inc. has invested 2.8% in the stock. Redwood Capital Management Llc, a New Jersey-based fund reported 2.08 million shares.

Ratings analysis reveals 0 of Mercer Intl’s analysts are positive. Out of 2 Wall Street analysts rating Mercer Intl, 0 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. MERC was included in 2 notes of analysts from January 6, 2017. The stock of Mercer International Inc. (NASDAQ:MERC) earned “Hold” rating by Standpoint Research on Monday, January 23. The firm earned “Sector Perform” rating on Friday, January 6 by RBC Capital Markets.

Among 2 analysts covering BRT Apartments (NYSE:BRT), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. BRT Apartments had 3 analyst reports since September 29, 2017 according to SRatingsIntel. As per Friday, September 29, the company rating was initiated by Janney Capital. The firm earned “Buy” rating on Thursday, October 26 by FBR Capital.

BRT Realty Trust, a real estate investment trust , owns, operates, and develops multi-family properties in the United States. The company has market cap of $158.66 million. It operates through two divisions, Multi-Family Real Estate and Other Real Estate. It has a 11.66 P/E ratio. The firm also owns, operates, and develops commercial, mixed use, and other real estate assets.

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