In terms of market performance, Mereo Biopharma Group Plc ADR had a fairly uneven.
52-week price history of MREO Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Mereo Biopharma Group Plc ADR’s current trading price is -52.79% away from its 52-week high, while its distance from the 52-week low is 12.32%. The stock’s price range during the 52-week period has remained between $2.11 and $5.02. In the Healthcare sector, the company’s shares saw a trading volume of around 1.57 million for the day, which was evidently higher than the average daily volume of 1.27 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Mereo Biopharma Group Plc ADR (MREO) has experienced a quarterly decline of -32.67% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 367.71M and boasts a workforce of 36 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.14, with a change in price of -1.73. Similarly, Mereo Biopharma Group Plc ADR recorded 1,144,137 in trading volume during the last 100 days, posting a change of -42.20%.
Examining MREO’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MREO stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.00.
MREO Stock Stochastic Average
Mereo Biopharma Group Plc ADR’s raw stochastic average for the past 50 days is presently 22.71%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 41.94%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 22.47% and 19.45%, respectively.
MREO Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Until today this year the stock’s price performance recorded a decrease of -32.29%. However, over the last six months, the performance has been stronger by -42.34%. The price of MREO decreased -4.82% over the last 30 days. And in the last five days, it has fallen by 0.00%.
