Mercury NZ Ltd | MCY

Mercury NZ Ltd traded at 5.68 this Tuesday July 5th, increasing 0.20 or 3.65 percent since the previous trading session. Looking back, over the last four weeks, Mercury NZ Ltd gained 0.18 percent. Over the last 12 months, its price fell by 17.08 percent. Looking ahead, we forecast Mercury NZ Ltd to be priced at 5.37 by the end of this quarter and at 5.06 in one year, according to Trading Economics global macro models projections and analysts expectations.

Stock Price
5.68
Daily Change
3.65%
Yearly
-17.08%

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Mercury NZ Ltd
Mercury NZ Limited, formerly Mighty River Power Limited, is engaged in energy retail business. The Company is an electricity retailor and generator, which is engaged in providing energy services to homes, businesses and industrial customers throughout New Zealand. The Company's segments include Energy Markets and Other Segments. The Energy Markets segment encompasses activities associated with the production, sale and trading of energy and related services and products, and generation development activities. The Other Segments includes metering and international geothermal development and operations. The Company sells electricity, through multiple retail brands, including GLOBUG, Tiny Mighty and Bosco. Its generation consists of two fuel sources: hydro and geothermal. It operates approximately nine hydro plants along the Waikato River. The Company supplies metering infrastructure and services to the utility sector across New Zealand.