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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.57 million shares were traded. MREO stock price reached its highest trading level at $2.885 during the session, while it also had its lowest trading level at $2.76.
Ratios:
We take a closer look at MREO’s different ratios to gain a better understanding of the stock. 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 389914432 and an Enterprise Value of 1894669312. For the stock, the TTM Price-to-Sale (P/S) ratio is 44.30 while its Price-to-Book (P/B) ratio in mrq is 4.86. Its current Enterprise Value per Revenue stands at 189.467 whereas that against EBITDA is -71.309.
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 -15.55%, while the 200-Day Moving Average is calculated to be 22.02%.
Shares Statistics:
According to the various share statistics, MREO traded on average about 1.51M shares per day over the past 3-months and 973750 shares per day over the past 10 days. 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 61.41% stake in the company. Shares short for MREO as of 1711584000 were 2331493 with a Short Ratio of 1.54, compared to 1709164800 on 2229412. Therefore, it implies a Short% of Shares Outstanding of 2331493 and a Short% of Float of 2.01.
