[breadcrumb_custom]

Mersana Therapeutics Inc (MRSN) Stock: Navigating Market Highs and Lows in 52 Weeks

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Mersana Therapeutics Inc’s current trading price is -59.67% away from its 52-week high, while its distance from the 52-week low is 384.15%. The stock’s price range for this period has been between $0.80 and $9.62 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 1.88 for the day, a number notably lower than the average daily volume of 2.03 over the last three months.

Mersana Therapeutics Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $9.62 on 06/12/23, while the lowest price for the same duration was marked at $0.80 on 07/27/23.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Mersana Therapeutics Inc (MRSN) has experienced a quarterly rise of 198.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 467.85M.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 1.99, with a change in price of +2.46. Similarly, Mersana Therapeutics Inc recorded 1,931,247 in trading volume during the last 100 days, posting a change of +173.24%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MRSN stands at 0.66. Similarly, the long-term debt-to-equity ratio is also 0.60.

MRSN Stock Stochastic Average

As of today, Mersana Therapeutics Inc’s raw stochastic average for the last 50 days stands at 80.90%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 70.58%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 83.52% and 86.73%, respectively.

MRSN Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 67.24% this year. Over the last six months, there has been a weaker performance of 223.33%. The price of MRSN fallen by 19.38% during the last 30 days period. For the last 5-days stocks have improved 15.48%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts