Mersana Therapeutics Inc (NASDAQ: MRSN) started the day on Thursday, with a price increase of 0.40% at $3.72, before settling in for the price of $3.70 at the close. Taking a more long-term approach, MRSN posted a 52-week range of $0.80-$9.62.
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The Healthcare sector firm’s twelve-monthly sales growth has been 12371.94% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 11.93%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 55.53%. This publicly-traded company’s shares outstanding now amounts to $120.71 million, simultaneously with a float of $91.97 million. The organization now has a market capitalization sitting at $451.24 million. At the time of writing, stock’s 50-day Moving Average stood at $4.45, while the 200-day Moving Average is $2.57.
Mersana Therapeutics Inc (MRSN) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Mersana Therapeutics Inc’s current insider ownership accounts for 24.18%, in contrast to 71.08% institutional ownership. According to the most recent insider trade that took place on Jan 16 ’24, this organization’s Director sold 29,399 shares at the rate of 2.71, making the entire transaction reach 79,671 in total value, affecting insider ownership by 125,153. Preceding that transaction, on Jan 16 ’24, Company’s SVP, Chief Sci.&Tech. Officer sold 10,409 for 2.71, making the whole transaction’s value amount to 28,208. This particular insider is now the holder of 199,329 in total.
Mersana Therapeutics Inc (MRSN) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported -$0.16 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.16) by $0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year.
Mersana Therapeutics Inc’s EPS increase for this current 12-month fiscal period is 55.53% and is forecasted to reach -0.72 in the upcoming year.
Mersana Therapeutics Inc (NASDAQ: MRSN) Trading Performance Indicators
Let’s observe the current performance indicators for Mersana Therapeutics Inc (MRSN). It’s Quick Ratio in the last reported quarter now stands at 3.36. The Stock has managed to achieve an average true range (ATR) of 0.36. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 12.25.
In the same vein, MRSN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.50, a figure that is expected to reach -0.18 in the next quarter, and analysts are predicting that it will be -0.72 at the market close of one year from today.
Technical Analysis of Mersana Therapeutics Inc (MRSN)
If we take a close look at the recent performances of Mersana Therapeutics Inc (NASDAQ: MRSN), its last 5-days Average volume was 1.43 million that shows plunge from its year to date volume of 2.26 million. During the previous 9 days, stock’s Stochastic %D was recorded 10.43% While, its Average True Range was 0.34.
Raw Stochastic average of Mersana Therapeutics Inc (MRSN) in the period of the previous 100 days is set at 46.78%, which indicates a major rise in contrast to 3.15% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 66.81% that was lower than 91.66% volatility it exhibited in the past 100-days period.
