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Mereo Biopharma Group Plc ADR (NASDAQ: MREO) closed the day trading at $3.01 down -2.90% from the previous closing price of $3.10. In other words, the price has decreased by -$2.90 from its previous closing price. On the day, 0.69 million shares were traded. MREO stock price reached its highest trading level at $3.09 during the session, while it also had its lowest trading level at $2.97.
Ratios:
For a better understanding of MREO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.11 and its Current Ratio is at 3.11. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.08.
On August 12, 2022, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $4.
On May 05, 2021, BTIG Research started tracking the stock assigning a Buy rating and target price of $10.BTIG Research initiated its Buy rating on May 05, 2021, with a $10 target price.
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 422218720 and an Enterprise Value of 2055680768. For the stock, the TTM Price-to-Sale (P/S) ratio is 47.96 while its Price-to-Book (P/B) ratio in mrq is 5.26. Its current Enterprise Value per Revenue stands at 205.568 whereas that against EBITDA is -77.368.
Stock Price History:
Over the past 52 weeks, MREO has reached a high of $4.36, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is -5.02%, while the 200-Day Moving Average is calculated to be 27.81%.
Shares Statistics:
Over the past 3-months, MREO traded about 1.20M shares per day on average, while over the past 10 days, MREO traded about 932660 shares per day. A total of 140.06M shares are outstanding, with a floating share count of 140.06M. Insiders hold about 0.00% of the company’s shares, while institutions hold 61.52% stake in the company. Shares short for MREO as of 1713139200 were 2767401 with a Short Ratio of 2.31, compared to 1710460800 on 2193972. Therefore, it implies a Short% of Shares Outstanding of 2767401 and a Short% of Float of 2.3800000000000003.
