Mersana Therapeutics Inc (NASDAQ: MRSN) on Tuesday, plunged -5.58% from the previous trading day, before settling in for the closing price of $1.97. Within the past 52 weeks, MRSN’s price has moved between $0.80 and $6.28.
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Healthcare Sector giant saw their annual sales surged by 12371.94% over the last five years. The company achieved an average annual earnings per share of 58.18%. With a float of $91.93 million, this company’s outstanding shares have now reached $120.71 million.
The firm has a total of 123 workers. Let’s measure their productivity.
Mersana Therapeutics Inc (MRSN) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Mersana Therapeutics Inc is 24.87%, while institutional ownership is 74.73%. The most recent insider transaction that took place on Jan 16 ’24, was worth 79,671. In this transaction Director of this company sold 29,399 shares at a rate of $2.71, taking the stock ownership to the 125,153 shares. Before that another transaction happened on Jan 16 ’24, when Company’s SVP, Chief Sci.&Tech. Officer sold 10,409 for $2.71, making the entire transaction worth $28,208. This insider now owns 199,329 shares in total.
Mersana Therapeutics Inc (MRSN) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 58.18% 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 3.51 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 5.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.14, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.72 in one year’s time.
Technical Analysis of Mersana Therapeutics Inc (MRSN)
Analysing the last 5-days average volume posted by the [Mersana Therapeutics Inc, MRSN], we can find that recorded value of 1.05 million was lower than the volume posted last year of 2.01 million. As of the previous 9 days, the stock’s Stochastic %D was 11.42%. Additionally, its Average True Range was 0.15.
During the past 100 days, Mersana Therapeutics Inc’s (MRSN) raw stochastic average was set at 1.01%, which indicates a significant decrease from 7.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.95% in the past 14 days, which was lower than the 89.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.5445, while its 200-day Moving Average is $2.7208. Now, the first resistance to watch is $1.9550. This is followed by the second major resistance level at $2.0500. The third major resistance level sits at $2.1200. If the price goes on to break the first support level at $1.7900, it is likely to go to the next support level at $1.7200. Should the price break the second support level, the third support level stands at $1.6250.
Mersana Therapeutics Inc (NASDAQ: MRSN) Key Stats
Market capitalization of the company is 227.59 million based on 122,361K outstanding shares. Right now, sales total 36,860 K and income totals -171,670 K. The company made 9,250 K in profit during its latest quarter, and -19,310 K in sales during its previous quarter.
