Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Mereo Biopharma Group Plc ADR’s current trading price is -51.39% away from its 52-week high, while its distance from the 52-week low is 9.67%. The stock’s price range during this period has varied between $2.22 and $5.02. The company, active in the Healthcare sector, saw a trading volume of around 1.85 million for the day, considerably higher average daily volume of 1.22 million observed over the last three months.
The stock market performance of Mereo Biopharma Group Plc ADR has been fairly unsteady.
How Financial Performance Impacts Market Capitalization
Mereo Biopharma Group Plc ADR (MREO) has experienced a quarterly decline of -28.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 377.54M and boasts a workforce of 33 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.21, with a change in price of -1.75. Similarly, Mereo Biopharma Group Plc ADR recorded 1,102,575 in trading volume during the last 100 days, posting a change of -41.16%.
How MREO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation 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
As of today, the raw stochastic average of Mereo Biopharma Group Plc ADR over the past 50 days is 26.79%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 58.09%. Additionally, the Stochastic %K and %D values for the company were 38.61% and 34.97%, respectively, over the past 20 days.
MREO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -30.29% this year. Over the last six months, there has been a stronger performance of -39.75%. The price of MREO leaped by -0.41% during the last 30 days period. For the last 5-days stocks have slided -4.69%.
