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Mereo BioPharma Group PLC

MREO
View Detailed Chart
1.960USD
-0.040-2.00%
Close 10/14, 16:00ETQuotes delayed by 15 min
1.56BMarket Cap
LossP/E TTM

Mereo BioPharma Group PLC

1.960
-0.040-2.00%
Intraday
1m
30m
1h
D
W
M
D

Today

-2.00%

5 Days

-2.49%

1 Month

+5.95%

6 Months

+0.51%

Year to Date

-44.00%

1 Year

-54.84%

View Detailed Chart

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Strong Buy. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Mereo BioPharma Group PLC's Score

Industry at a Glance

Industry Ranking
63 / 501
Overall Ranking
143 / 4695
Industry
Biotechnology & Medical Research

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 9 analysts
Strong Buy
Current Rating
7.000
Target Price
+257.14%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Mereo BioPharma Group PLC Highlights

StrengthsRisks
Mereo BioPharma Group plc is a biopharmaceutical company focused on the development of therapeutics for rare diseases. The Company has developed a portfolio of late-stage clinical product candidates, and its two rare disease product candidates are setrusumab for the treatment of osteogenesis imperfecta (OI) and alvelestat primarily for the treatment of severe alpha-1 antitrypsin deficiency-associated lung disease (AATD-LD). In addition to the rare disease programs, it has two oncology product candidates in clinical development. Etigilimab is an IgG1 monoclonal antibody which binds to the human T-cell immunoreceptor with Ig and ITIM domains (TIGIT) receptor on immune cells to improve the activation and effectiveness of T-cell and NK cell antitumor activity. Navicixizumab is a bispecific antibody that inhibits delta-like ligand 4 (DLL4) and vascular endothelial growth factor (VEGF). Navicixizumab is developed for the treatment of late line ovarian cancer.
Overvalued
The company’s latest PE is -30.95, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 109.81M shares, decreasing 6.45% quarter-over-quarter.
Held by Steven Cohen
Star Investor Steven Cohen holds 59.20K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.10.

News

More news coming soon, stay tuned...

Financial Indicators

EPS

No Data

Total revenue

No Data

Mereo BioPharma Group PLC Info

Mereo BioPharma Group plc is a biopharmaceutical company focused on the development of therapeutics for rare diseases. The Company has developed a portfolio of late-stage clinical product candidates, and its two rare disease product candidates are setrusumab for the treatment of osteogenesis imperfecta (OI) and alvelestat primarily for the treatment of severe alpha-1 antitrypsin deficiency-associated lung disease (AATD-LD). In addition to the rare disease programs, it has two oncology product candidates in clinical development. Etigilimab is an IgG1 monoclonal antibody which binds to the human T-cell immunoreceptor with Ig and ITIM domains (TIGIT) receptor on immune cells to improve the activation and effectiveness of T-cell and NK cell antitumor activity. Navicixizumab is a bispecific antibody that inhibits delta-like ligand 4 (DLL4) and vascular endothelial growth factor (VEGF). Navicixizumab is developed for the treatment of late line ovarian cancer.
Ticker SymbolMREO
CompanyMereo BioPharma Group PLC
CEODr. Denise V. Scots-Knight, Ph.D.
Websitehttps://www.mereobiopharma.com/
KeyAI