Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
As of close of business last night, Mersana Therapeutics Inc’s stock clocked out at $0.38, up 1.96% from its previous closing price of $0.37. In other words, the price has increased by $1.96 from its previous closing price. On the day, 4.77 million shares were traded. MRSN stock price reached its highest trading level at $0.42 during the session, while it also had its lowest trading level at $0.368.
Ratios:
To gain a deeper understanding of MRSN’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 47297464 and an Enterprise Value of -58670408. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17. Its current Enterprise Value per Revenue stands at -1.449 whereas that against EBITDA is 0.818.
Stock Price History:
The Beta on a monthly basis for MRSN is 1.63, which has changed by -0.91402715 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, MRSN has reached a high of $4.71, while it has fallen to a 52-week low of $0.37. The 50-Day Moving Average of the stock is -30.37%, while the 200-Day Moving Average is calculated to be -75.47%.
Shares Statistics:
It appears that MRSN traded 5.79M shares on average per day over the past three months and 3337120 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 54.62% stake in the company. Shares short for MRSN as of 1741910400 were 8691904 with a Short Ratio of 1.50, compared to 1739491200 on 9154565. Therefore, it implies a Short% of Shares Outstanding of 8691904 and a Short% of Float of 9.120000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
