Mersana Therapeutics Inc (NASDAQ: MRSN) kicked off on Tuesday, up 8.50% from the previous trading day, before settling in for the closing price of $2.00. Over the past 52 weeks, MRSN has traded in a range of $1.22-$6.28.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 12371.94%. While this was happening, its average annual earnings per share was recorded 60.21%. With a float of $86.30 million, this company’s outstanding shares have now reached $120.71 million.
The extent of productivity of a business whose workforce counts for 123 workers is very important to gauge. In terms of profitability, gross margin is 48.0%, operating margin of -228.07%, and the pretax margin is -212.99%.
Mersana Therapeutics Inc (MRSN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Mersana Therapeutics Inc is 30.14%, while institutional ownership is 66.05%. The most recent insider transaction that took place on Oct 28 ’24, was worth 3,580. In this transaction SVP, Chief Development Officer of this company sold 1,884 shares at a rate of $1.90, taking the stock ownership to the 54,731 shares. Before that another transaction happened on Oct 28 ’24, when Company’s Officer proposed sale 1,884 for $2.04, making the entire transaction worth $3,843.
Mersana Therapeutics Inc (MRSN) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.16 earnings per share (EPS), higher than consensus estimate (set at -0.19) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 60.21% per share during the next fiscal year.
Mersana Therapeutics Inc (NASDAQ: MRSN) Trading Performance Indicators
Take a look at Mersana Therapeutics Inc’s (MRSN) current performance indicators. Last quarter, stock had a quick ratio of 2.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.69.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.61, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.63 in one year’s time.
Technical Analysis of Mersana Therapeutics Inc (MRSN)
The latest stats from [Mersana Therapeutics Inc, MRSN] show that its last 5-days average volume of 1.48 million was inferior to 1.61 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.86%. Additionally, its Average True Range was 0.25.
During the past 100 days, Mersana Therapeutics Inc’s (MRSN) raw stochastic average was set at 59.01%, which indicates a significant increase from 27.47% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 136.45% in the past 14 days, which was higher than the 103.32% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.07, while its 200-day Moving Average is $2.67. Now, the first resistance to watch is $2.30. This is followed by the second major resistance level at $2.43. The third major resistance level sits at $2.62. If the price goes on to break the first support level at $1.98, it is likely to go to the next support level at $1.79. The third support level lies at $1.66 if the price breaches the second support level.
Mersana Therapeutics Inc (NASDAQ: MRSN) Key Stats
The company with the Market Capitalisation of 268.07 million has total of 123,533K Shares Outstanding. Its annual sales at the moment are 36,860 K in contrast with the sum of -171,670 K annual income. Company’s last quarter sales were recorded 12,600 K and last quarter income was -11,500 K.
