Mersana Therapeutics Inc. (NASDAQ: MRSN) on January 24, 2023, started off the session at the price of $6.47, soaring 1.53% from the previous trading day. During the day, the shares moved up to $6.695 and dropped to $6.265 before settling in for the closing price of $6.53. Within the past 52 weeks, MRSN’s price has moved between $2.68 and $8.34.
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The company achieved an average annual earnings per share of -68.30%. With a float of $98.80 million, this company’s outstanding shares have now reached $99.77 million.
Let’s determine the extent of company efficiency that accounts for 169 employees.
Mersana Therapeutics Inc. (MRSN) Breakdown of a Key Holders of the stock
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Mersana Therapeutics Inc. is 1.14%, while institutional ownership is 96.70%. The most recent insider transaction that took place on Jan 17, was worth 12,680. In this transaction SVP, Chief Medical Officer of this company sold 2,209 shares at a rate of $5.74, taking the stock ownership to the 30,821 shares. Before that another transaction happened on Jan 17, when Company’s President & CEO sold 17,346 for $5.74, making the entire transaction worth $99,566. This insider now owns 48,733 shares in total.
Mersana Therapeutics Inc. (MRSN) Recent Fiscal highlights
As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported -$0.55 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.52) by -$0.03. This company achieved a net margin of -395488.37 while generating a return on equity of -97.22. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.52 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -68.30% per share during the next fiscal year.
Mersana Therapeutics Inc. (NASDAQ: MRSN) Trading Performance Indicators
Mersana Therapeutics Inc. (MRSN) is currently performing well based on its current performance indicators. A quick ratio of 3.40 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 50.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.43, a number that is poised to hit -0.49 in the next quarter and is forecasted to reach -2.06 in one year’s time.
Technical Analysis of Mersana Therapeutics Inc. (MRSN)
Looking closely at Mersana Therapeutics Inc. (NASDAQ: MRSN), its last 5-days average volume was 1.06 million, which is a drop from its year-to-date volume of 1.22 million. As of the previous 9 days, the stock’s Stochastic %D was 93.86%. Additionally, its Average True Range was 0.43.
During the past 100 days, Mersana Therapeutics Inc.’s (MRSN) raw stochastic average was set at 47.09%, which indicates a significant decrease from 95.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 73.78% in the past 14 days, which was lower than the 74.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.31, while its 200-day Moving Average is $5.73. However, in the short run, Mersana Therapeutics Inc.’s stock first resistance to watch stands at $6.80. Second resistance stands at $6.96. The third major resistance level sits at $7.23. If the price goes on to break the first support level at $6.36, it is likely to go to the next support level at $6.10. Now, if the price goes above the second support level, the third support stands at $5.93.
Mersana Therapeutics Inc. (NASDAQ: MRSN) Key Stats
Market capitalization of the company is 601.54 million based on 99,774K outstanding shares. Right now, sales total 40 K and income totals -170,060 K. The company made 5,570 K in profit during its latest quarter, and -59,810 K in sales during its previous quarter.