Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Mereo Biopharma Group Plc ADR’s current trading price is -39.04% away from its 52-week high, while its distance from the 52-week low is 21.19%. The stock’s price range over this period has fluctuated between $2.53 and $5.02. The company, operating within the financial sector, had a trading volume of approximately 1.78 million for the day, which was noticeably higher than the average daily share volume of 0.88 million over the last 3 months.
Mereo Biopharma Group Plc ADR experienced a somewhat steady performance in the stock market.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Mereo Biopharma Group Plc ADR (MREO) has experienced a quarterly decline of -29.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 473.47M and boasts a workforce of 33 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.03, with a change in price of -1.38. Similarly, Mereo Biopharma Group Plc ADR recorded 858,904 in trading volume during the last 100 days, posting a change of -31.08%.
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 MREO stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.01.
MREO Stock Stochastic Average
Today’s raw stochastic average for Mereo Biopharma Group Plc ADR over the last 50 days is 10.10%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 15.46%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 34.63% and 53.83%, respectively.
MREO Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a loss of -12.57%.However, over the last six months, we can see a stronger performance of -26.27%. Over the last 30 days, the price of MREO has leaped by -20.52%. And in the last five days, it has fallen by -18.62%.
