For the readers interested in the stock health of Mersana Therapeutics Inc. (MRSN). It is currently valued at $7.77. When the transactions were called off in the previous session, Stock hit the highs of $7.91, after setting-off with the price of $7.69. Company’s stock value dipped to $7.41 during the trading on the day. When the trading was stopped its value was $7.72.Recently in News on November 23, 2021, Mersana Therapeutics to Participate in the Upcoming 4th Annual Evercore ISI HealthCONx Conference. Mersana Therapeutics, Inc. (NASDAQ:MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, today announced that the Company’s management team will participate in a fireside chat at the 4th Annual Evercore ISI HealthCONx Conference on Wednesday, December 1, 2021, at 2:40 p.m. ET. You can read further details here
Mersana Therapeutics Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $27.28 on 01/04/21, with the lowest value was $7.26 for the same time period, recorded on 11/23/21.
Mersana Therapeutics Inc. (MRSN) full year performance was -69.54%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Mersana Therapeutics Inc. shares are logging -73.29% during the 52-week period from high price, and 7.02% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $7.26 and $29.09.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 888301 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Mersana Therapeutics Inc. (MRSN) recorded performance in the market was -70.80%, having the revenues showcasing -34.04% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 569.85M, as it employees total of 110 workers.
The Analysts eye on Mersana Therapeutics Inc. (MRSN)
During the last month, 0 analysts gave the Mersana Therapeutics Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 10.53, with a change in the price was noted -5.20. In a similar fashion, Mersana Therapeutics Inc. posted a movement of -40.09% for the period of last 100 days, recording 723,540 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MRSN is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.03.
Technical rundown of Mersana Therapeutics Inc. (MRSN)
Raw Stochastic average of Mersana Therapeutics Inc. in the period of last 50 days is set at 18.21%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 18.55%. In the last 20 days, the company’s Stochastic %K was 12.17% and its Stochastic %D was recorded 7.63%.
Considering, the past performance of Mersana Therapeutics Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -70.80%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -46.00%, alongside a downfall of -69.54% for the period of the last 12 months. The shares increased approximately by -7.61% in the 7-day charts and went up by -10.69% in the period of the last 30 days. Common stock shares were lifted by -34.04% during last recorded quarter.