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After finishing at $0.45 in the prior trading day, Mersana Therapeutics Inc (NASDAQ: MRSN) closed at $0.46, up 3.75%. In other words, the price has increased by $3.75 from its previous closing price. On the day, 3.02 million shares were traded. MRSN stock price reached its highest trading level at $0.4797 during the session, while it also had its lowest trading level at $0.4503.
Ratios:
Our goal is to gain a better understanding of MRSN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.19 and its Current Ratio is at 2.19.
JP Morgan Upgraded its Underweight to Neutral on March 19, 2024, while the target price for the stock was maintained at $5.
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 Jan 16 ’25 when Mandelia Ashish sold 3,554 shares for $0.58 per share. The transaction valued at 2,061 led to the insider holds 57,519 shares of the business.
Protopapas Anna sold 8,637 shares of MRSN for $5,009 on Jan 16 ’25. The Director now owns 168,041 shares after completing the transaction at $0.58 per share. On Jan 16 ’25, another insider, Lowinger Timothy B, who serves as the SVP, Chief Sci.&Tech. Officer of the company, sold 8,048 shares for $0.58 each. As a result, the insider received 4,668 and left with 257,673 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, MRSN now has a Market Capitalization of 57940952 and an Enterprise Value of -48026892. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43. Its current Enterprise Value per Revenue stands at -1.186 whereas that against EBITDA is 0.67.
Stock Price History:
The Beta on a monthly basis for MRSN is 1.55, which has changed by -0.90432096 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, MRSN has reached a high of $5.75, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -31.20%, while the 200-Day Moving Average is calculated to be -71.66%.
Shares Statistics:
The stock has traded on average 5.62M shares per day over the past 3-months and 3106260 shares per day over the last 10 days, according to various share statistics. A total of 115.65M shares are outstanding, with a floating share count of 85.81M. Insiders hold about 31.15% of the company’s shares, while institutions hold 54.62% stake in the company. Shares short for MRSN as of 1740700800 were 10318086 with a Short Ratio of 1.84, compared to 1738281600 on 9466402. Therefore, it implies a Short% of Shares Outstanding of 10318086 and a Short% of Float of 10.83.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
