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. Mersana Therapeutics Inc’s current trading price is -91.38% away from its 52-week high, while its distance from the 52-week low is 10.24%. The stock’s price range over this period has fluctuated between $0.49 and $6.28. The company, operating within the financial sector, had a trading volume of approximately 1.21 million for the day, which was noticeably lower than the average daily share volume of 4.83 million over the last 3 months.
In terms of market performance, Mersana Therapeutics Inc had a fairly uneven. The highest value for the stock in the past year was $6.28 on 03/11/24, and the lowest value was recorded at $0.49 on 01/23/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Mersana Therapeutics Inc (MRSN) has experienced a quarterly decline of -75.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 66.91M and boasts a workforce of 123 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6223, with a change in price of -1.2500. Similarly, Mersana Therapeutics Inc recorded 3,303,291 in trading volume during the last 100 days, posting a change of -69.44%.
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 30.00. Similarly, the long-term debt-to-equity ratio is also 15.51.
MRSN Stock Stochastic Average
Today’s raw stochastic average for Mersana Therapeutics Inc over the last 50 days is 2.51%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 17.98%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 22.04% and 25.07%, 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. This year’s metric has recorded a Price decrease of -62.13%. However, over the past six months, we’ve seen a stronger performance of -59.73%. The price of MRSN leaped by -1.51% over the last 30 days. And in the last five days, it has fallen by -16.07%.