Mersana Therapeutics Inc (NASDAQ: MRSN) is -7.33% lower on its value in year-to-date trading and has touched a low of $0.80 and a high of $6.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MRSN stock was last observed hovering at around $2.16 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $2.15, the stock is 6.45% and -7.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -0.46% at the moment leaves the stock -21.98% off its SMA200. MRSN registered -39.78% loss for a year compared to 6-month loss of -25.61%.
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The stock witnessed a 5.39% gain in the last 1 month and extending the period to 3 months gives it a -38.92%, and is 5.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.80% over the week and 6.24% over the month.
Mersana Therapeutics Inc (MRSN) has around 123 employees, a market worth around $263.07M and $38.30M in sales. Profit margin for the company is -352.01%. Distance from 52-week low is 168.28% and -65.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-257.73%).
Mersana Therapeutics Inc quarterly earnings per share for the current quarter are estimated at -$0.17 with sales reaching $9.13M over the same period.The EPS is expected to grow by 58.18% this year, but quarterly earnings will post 7.70% year-over-year. Quarterly sales are estimated to shrink -14.30% in year-over-year returns.
The shares outstanding are 120.71M, and float is at 91.93M with Short Float at 10.53%.
Mersana Therapeutics Inc (MRSN) Insider Activity
The most recent transaction is an insider sale by Protopapas Anna, the company’s Director. SEC filings show that Protopapas Anna sold 29,399 shares of the company’s common stock on Jan 16 ’24 at a price of $2.71 per share for a total of $79671.0. Following the sale, the insider now owns 0.13 million shares.
Mersana Therapeutics Inc disclosed in a document filed with the SEC on Jan 16 ’24 that Lowinger Timothy B (SVP, Chief Sci.&Tech. Officer) sold a total of 10,409 shares of the company’s common stock. The trade occurred on Jan 16 ’24 and was made at $2.71 per share for $28208.0. Following the transaction, the insider now directly holds 0.2 million shares of the MRSN stock.
Still, SEC filings show that on Jan 16 ’24, DeSchuytner Brian (SVP, COO & CFO) disposed off 9,327 shares at an average price of $2.71 for $25276.0. The insider now directly holds 54,511 shares of Mersana Therapeutics Inc (MRSN).
