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As of close of business last night, Mereo Biopharma Group Plc ADR’s stock clocked out at $1.82, up 2.25% from its previous closing price of $1.78. In other words, the price has increased by $2.25 from its previous closing price. On the day, 0.91 million shares were traded. MREO stock price reached its highest trading level at $1.83 during the session, while it also had its lowest trading level at $1.775.
Ratios:
To gain a deeper understanding of MREO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.13 and its Current Ratio is at 8.13. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, JP Morgan on March 27, 2025, initiated with a Overweight rating and assigned the stock a target price of $7.
On December 06, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $7. On June 13, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $8.Robert W. Baird initiated its Outperform rating on June 13, 2024, with a $8 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Scots-Knight Denise sold 60,046 shares for $4.22 per share. The transaction valued at 253,454 led to the insider holds 808,921 shares of the business.
Lewicki John A. sold 10,937 shares of MREO for $46,165 on Sep 13 ’24. The Chief Scientific Officer now owns 78,630 shares after completing the transaction at $4.22 per share. On Sep 13 ’24, another insider, Sermon Charles, who serves as the General Counsel of the company, sold 20,946 shares for $4.22 each. As a result, the insider received 88,413 and left with 219,061 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MREO now has a Market Capitalization of 289556544 and an Enterprise Value of 1360438272. For the stock, the TTM Price-to-Sale (P/S) ratio is 567.41 while its Price-to-Book (P/B) ratio in mrq is 5.34. Its current Enterprise Value per Revenue stands at 2720.876 whereas that against EBITDA is -30.912.
Stock Price History:
The Beta on a monthly basis for MREO is 0.36, which has changed by -0.5747664 over the last 52 weeks, in comparison to a change of 0.17089343 over the same period for the S&P500. Over the past 52 weeks, MREO has reached a high of $4.72, while it has fallen to a 52-week low of $1.47. The 50-Day Moving Average of the stock is -0.48%, while the 200-Day Moving Average is calculated to be -28.68%.
Shares Statistics:
It appears that MREO traded 2.23M shares on average per day over the past three months and 929170 shares per day over the past ten days. A total of 159.00M shares are outstanding, with a floating share count of 131.27M. Insiders hold about 17.44% of the company’s shares, while institutions hold 51.99% stake in the company. Shares short for MREO as of 1756425600 were 11292464 with a Short Ratio of 5.06, compared to 1753920000 on 10548318. Therefore, it implies a Short% of Shares Outstanding of 11292464 and a Short% of Float of 9.98.
Earnings Estimates
At present, 6.0 analysts are actively evaluating the performance of Mereo Biopharma Group Plc ADR (MREO) in the stock market.The consensus estimate for the next quarter is -$0.0, with high estimates of $0.04 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.04 and -$0.05 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is -$0.03, with 5.0 analysts recommending between $0.04 and -$0.05.
