Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
MEI Pharma Inc (NASDAQ: MEIP) closed the day trading at $4.27 down -5.74% from the previous closing price of $4.53. In other words, the price has decreased by -$5.74 from its previous closing price. On the day, 0.74 million shares were traded. MEIP stock price reached its highest trading level at $4.69 during the session, while it also had its lowest trading level at $3.87.
Ratios:
For a better understanding of MEIP, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 16.78 and its Current Ratio is at 16.78. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 25, 2022, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight and also lowered its target price recommendation from $13 to $2.
Stifel Downgraded its Buy to Hold on March 25, 2022, whereas the target price for the stock was revised from $6 to $2.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jul 28 ’25 when Anson Funds Management LP bought 1,093,184 shares for $6.74 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MEIP now has a Market Capitalization of 148754848 and an Enterprise Value of 7978399.
Stock Price History:
The Beta on a monthly basis for MEIP is 0.46, which has changed by 0.37741935 over the last 52 weeks, in comparison to a change of 0.20221436 over the same period for the S&P500. Over the past 52 weeks, MEIP has reached a high of $9.00, while it has fallen to a 52-week low of $1.46. The 50-Day Moving Average of the stock is -4.43%, while the 200-Day Moving Average is calculated to be 45.49%.
Shares Statistics:
Over the past 3-months, MEIP traded about 1.13M shares per day on average, while over the past 10 days, MEIP traded about 390660 shares per day. A total of 6.66M shares are outstanding, with a floating share count of 6.15M. Insiders hold about 7.69% of the company’s shares, while institutions hold 40.04% stake in the company. Shares short for MEIP as of 1755216000 were 2461697 with a Short Ratio of 2.17, compared to 1752537600 on 17652. Therefore, it implies a Short% of Shares Outstanding of 2461697 and a Short% of Float of 7.89.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The current Payout Ratio is 0.00% for MEIP, which recently paid a dividend on 2023-11-16 with an ex-dividend date of 2023-11-16. Stock splits for the company last occurred on 2023-04-17 when the company split stock in a 1:20 ratio.
