Mercury NZ Ltd

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Mercury NZ Ltd (MCY) Price Performance

Mercury NZ Ltd (MCY) trades on Australian Securities Exchange in AUD. The company is classified in the Utilities sector under the Utilities - Renewable industry. The stock currently trades at AUD5.24, down 3.32% from the previous close.

Over the past year, MCY has traded between a low of AUD4.95 and a high of AUD6.28. The stock has gained 4.2% over this period. It is currently 16.6% below its 52-week high.

Mercury NZ Ltd has a market capitalization of $7.34B, with a price-to-earnings ratio of 102.40 and a dividend yield of 4.61%.

About Mercury NZ Ltd

Mercury NZ Limited, together with its subsidiaries, engages in the production, trading, and sale of electricity and related activities in New Zealand. The company operates through Generation/Wholesale, Customer, and Other segments. It operates 9 hydro generation stations on the Waikato River; 5 wind plants; and 5 geothermal generation stations in the central North Island. The company also sells electricity to residential, commercial, industrial, and spot market customers under the GLOBUG, Trustpower, and Mercury brands. In addition, it provides piped natural gas; broadband and telecommunication products and services; mobile services; and other products. The company was formerly known as Mighty River Power Limited and changed its name to Mercury NZ Limited in July 2016. Mercury NZ Limited was incorporated in 1998 and is based in Auckland, New Zealand.