In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Mersana Therapeutics Inc (NASDAQ: MRSN) was $0.31 for the day, up 18.94% from the previous closing price of $0.26. In other words, the price has increased by $18.94 from its previous closing price. On the day, 2.6 million shares were traded. MRSN stock price reached its highest trading level at $0.3126 during the session, while it also had its lowest trading level at $0.2646.
Ratios:
Our analysis of MRSN’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 38747780 and an Enterprise Value of -67220120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96. Its current Enterprise Value per Revenue stands at -1.66 whereas that against EBITDA is 0.937.
Stock Price History:
The Beta on a monthly basis for MRSN is 1.42, which has changed by -0.9179419 over the last 52 weeks, in comparison to a change of 0.059571505 over the same period for the S&P500. Over the past 52 weeks, MRSN has reached a high of $3.96, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -36.30%, while the 200-Day Moving Average is calculated to be -78.64%.
Shares Statistics:
MRSN traded an average of 4.92M shares per day over the past three months and 2964080 shares per day over the past ten days. 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 54.68% stake in the company. Shares short for MRSN as of 1743379200 were 9678480 with a Short Ratio of 1.97, compared to 1740700800 on 10318086. Therefore, it implies a Short% of Shares Outstanding of 9678480 and a Short% of Float of 10.16.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
