Mersana Therapeutics Inc (NASDAQ: MRSN) started the day on Thursday, with a price decrease of -10.81% at $1.98, before settling in for the price of $2.22 at the close. Taking a more long-term approach, MRSN posted a 52-week range of $1.22-$6.28.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 12371.94%. Meanwhile, its Annual Earning per share during the time was 11.93%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 60.21%. This publicly-traded company’s shares outstanding now amounts to $120.71 million, simultaneously with a float of $86.30 million. The organization now has a market capitalization sitting at $244.59 million. At the time of writing, stock’s 50-day Moving Average stood at $2.07, while the 200-day Moving Average is $2.70.
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 30.14%, in contrast to 66.05% institutional ownership. According to the most recent insider trade that took place on Oct 28 ’24, this organization’s SVP, Chief Development Officer sold 1,884 shares at the rate of 1.90, making the entire transaction reach 3,580 in total value, affecting insider ownership by 54,731.
Mersana Therapeutics Inc (MRSN) Earnings and Revenue Records
Mersana Therapeutics Inc’s EPS increase for this current 12-month fiscal period is 60.21% and is forecasted to reach -0.63 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 2.35. The Stock has managed to achieve an average true range (ATR) of 0.24. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.02.
In the same vein, MRSN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.61, a figure that is expected to reach -0.15 in the next quarter, and analysts are predicting that it will be -0.63 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 1.11 million that shows plunge from its year to date volume of 1.6 million. During the previous 9 days, stock’s Stochastic %D was recorded 19.21% While, its Average True Range was 0.27.
Raw Stochastic average of Mersana Therapeutics Inc (MRSN) in the period of the previous 100 days is set at 47.20%, which indicates a major rise in contrast to 17.48% 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 150.85% that was higher than 102.48% volatility it exhibited in the past 100-days period.
