On Thursday, Mersana Therapeutics Inc (NASDAQ: MRSN) remained unchanged from the previous day of trading 5.63% from the last session, before settling in for the closing price of $0.34. Price fluctuations for MRSN have ranged from $0.26 to $3.83 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 12314.39%. Company’s average yearly earnings per share was noted -29.24% at the time writing. With a float of $85.81 million, this company’s outstanding shares have now reached $115.65 million.
Considering the fact that the conglomerate employs 102 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 56.37%, operating margin of -181.09%, and the pretax margin is -169.82%.
Mersana Therapeutics Inc (MRSN) Insider Activity
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Mersana Therapeutics Inc is 31.15%, while institutional ownership is 54.70%. The most recent insider transaction that took place on Jan 16 ’25, was worth 2,061. In this transaction VP, Chief Accounting Officer of this company sold 3,554 shares at a rate of $0.58, taking the stock ownership to the 57,519 shares. Before that another transaction happened on Jan 16 ’25, when Company’s Director sold 8,637 for $0.58, making the entire transaction worth $5,009. This insider now owns 168,041 shares in total.
Mersana Therapeutics Inc (MRSN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -29.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -13.09% during the next five years compared to 2.74% growth over the previous five years of trading.
Mersana Therapeutics Inc (NASDAQ: MRSN) Trading Performance Indicators
Check out the current performance indicators for Mersana Therapeutics Inc (MRSN). In the past quarter, the stock posted a quick ratio of 2.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.57, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach -0.68 in one year’s time.
Technical Analysis of Mersana Therapeutics Inc (MRSN)
Compared to the last year’s volume of 5.31 million, its volume of 2.44 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 61.92%. Additionally, its Average True Range was 0.05.
During the past 100 days, Mersana Therapeutics Inc’s (MRSN) raw stochastic average was set at 3.73%, which indicates a significant decrease from 67.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 125.89% in the past 14 days, which was lower than the 142.94% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.4655, while its 200-day Moving Average is $1.4227. Nevertheless, the first resistance level for the watch stands at $0.3799 in the near term. At $0.4052, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.4301. If the price goes on to break the first support level at $0.3297, it is likely to go to the next support level at $0.3048. Should the price break the second support level, the third support level stands at $0.2795.
Mersana Therapeutics Inc (NASDAQ: MRSN) Key Stats
There are currently 124,631K shares outstanding in the company with a market cap of 44.21 million. Presently, the company’s annual sales total 40,500 K according to its annual income of -69,190 K. Last quarter, the company’s sales amounted to 16,360 K and its income totaled -14,120 K.
