Mersana Therapeutics Inc (MRSN) Performance and Fundamentals Dashboard tells a completely different story

With 1.1 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.36 million shares. The 52-week range on MRSN shows that it touched its highest point at $9.62 and its lowest point at $0.80 during that stretch. It currently has a 1-year price target of $6.57. Beta for the stock currently stands at 1.51.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MRSN was down-trending over the past week, with a drop of -1.17%, but this was down by -28.96% over a month. Three-month performance surged to 81.90% while six-month performance rose 232.28%. The stock gained 5.50% in the past year, while it has gained 81.90% so far this year. A look at the trailing 12-month EPS for MRSN yields -1.50 with Next year EPS estimates of -0.71. For the next quarter, that number is -0.18. This implies an EPS growth rate of 56.12% for this year and -9.10% for next year.

Float and Shares Shorts:

At present, 120.71 million MRSN shares are outstanding with a float of 91.80 million shares on hand for trading. On Mar 15, 2024, short shares totaled 8.73 million, which was 7.19% higher than short shares on Feb 15, 2024. In addition to VRSN as the firm’s VeriSign, Inc., MRSN serves as its Mersana Therapeutics, Inc.

Institutional Ownership:

Through their ownership of 95.90% of MRSN’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MRSN since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, MRSN has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and MRSN currently yields $0.00. In the past year, MRSN’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, MRSN has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.