LON:MRIT Merit Group (MRIT) Share Price, News & Analysis → AI to Meet the Same Fate as EVs? (From Porter & Company) (Ad) Free MRIT Stock Alerts GBX 51 0.00 (0.00%) (As of 03/27/2024 09:01 PM ET) Add Compare Share Share Today's Range 50▼ 5150-Day Range 50▼ 7152-Week Range 26.10▼ 75Volume36,535 shsAverage Volume10,347 shsMarket Capitalization£12.22 millionP/E RatioN/ADividend Yield4.76%Price TargetGBX 116 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsInsider Trades Get Merit Group alerts: Email Address Ad Porter & CompanyAI to Meet the Same Fate as EVs? When these tech bubbles burst, they invariably leave investors disillusioned by their losses. Now, many worry a similar fate is awaiting AI. And one man, legendary financial analyst Porter Stansberry, who called Nvidia at $11… Simply click here to read Porter’s warning on The Big AI Die-Up now. About Merit Group Stock (LON:MRIT)Merit Group plc gathers, organizes, and enriches data that informs b2b intelligence brands in the United Kingdom, Belgium, the United States, France, Germany, and internationally. It operates in two segments, Merit Data & Technology and Dods. The company offers data, data engineering, and machine learning, as well as software and technology resourcing services. It also provides information and insights into the political and public policy environments around the United Kingdom and the European Union. Merit Group plc was incorporated in 2001 and is headquartered in London, the United Kingdom.Read More MRIT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MRIT Stock News HeadlinesNo headlines for this company have been tracked by MarketBeat.com Receive MRIT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Merit Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeLON SectorComputer and Technology Industry Information Technology Services Sub-IndustryN/A Current SymbolLON:MRIT CUSIPN/A CIKN/A Webwww.meritgroup.co.uk Phone44 20 7593 5500FaxN/AEmployees1,042Year FoundedN/APrice Target and Rating Average Stock Price TargetGBX 116 High Stock Price TargetGBX 116 Low Stock Price TargetGBX 116 Potential Upside/Downside+127.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)GBX (0.12) Trailing P/E RatioN/A Forward P/E Ratio10.43 P/E GrowthN/ANet Income£-2,780,000.00 Net Margins-6.86% Pretax MarginN/A Return on Equity-8.48% Return on Assets-2.23% Debt Debt-to-Equity Ratio17.79 Current Ratio0.68 Quick Ratio0.48 Sales & Book Value Annual Sales£19.43 million Price / Sales0.63 Cash FlowGBX 10.91 per share Price / Cash Flow4.68 Book ValueGBX 134 per share Price / Book0.38Miscellaneous Outstanding Shares23,960,000Free FloatN/AMarket Cap£12.22 million OptionableNot Optionable Beta0.30 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Philip James Machray (Age 54)CEO, CFO & Director Comp: $225.63kMr. Cornelius Conlon (Age 53)CTO, MD of Merit Data & Technology and Director Comp: $427.54kKey CompetitorsMade Tech GroupLON:MTECTialis Essential ITLON:TIACornerstone FSLON:CSFSGRC International GroupLON:GRCMobilityOneLON:MBOView All CompetitorsInsidersPhil MachrayBought 16,867 shares on 10/4/2023Total: £944,552.00 ($56.00/share)Phil MachrayBought 27,766 shares on 9/21/2023Total: £1.50 M ($54.00/share)David BeckBought 40,786 shares on 9/11/2023Total: £2.00 M ($49.00/share)View All Insider Transactions MRIT Stock Analysis - Frequently Asked Questions Should I buy or sell Merit Group stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Merit Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" MRIT shares. View MRIT analyst ratings or view top-rated stocks. What is Merit Group's stock price target for 2024? 1 equities research analysts have issued 1 year target prices for Merit Group's stock. Their MRIT share price targets range from GBX 116 to GBX 116. On average, they anticipate the company's share price to reach GBX 116 in the next year. This suggests a possible upside of 127.5% from the stock's current price. View analysts price targets for MRIT or view top-rated stocks among Wall Street analysts. How have MRIT shares performed in 2024? Merit Group's stock was trading at GBX 65.50 on January 1st, 2024. Since then, MRIT shares have decreased by 22.1% and is now trading at GBX 51. View the best growth stocks for 2024 here. How do I buy shares of Merit Group? Shares of MRIT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.Compare Top Brokerages Here. This page (LON:MRIT) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeAI to Meet the Same Fate as EVs? Porter & CompanyGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingForget Bitcoin. 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