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. Despite an average stock market performance, the company shows strong fundamentals and technicals. 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
37 / 405
Overall Ranking
115 / 4585
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
9
analysts
Strong Buy
Current Rating
7.000
Target Price
+274.33%
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 -6.97, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 111.71M shares, decreasing 5.03% quarter-over-quarter.
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/
FAQs
What is the current price of Mereo BioPharma Group PLC (MREO)?
The current price of Mereo BioPharma Group PLC (MREO) is 1.870.
What is the symbol of Mereo BioPharma Group PLC?
The ticker symbol of Mereo BioPharma Group PLC is MREO.
What is the 52-week high of Mereo BioPharma Group PLC?
The 52-week high of Mereo BioPharma Group PLC is 3.940.
What is the 52-week low of Mereo BioPharma Group PLC?
The 52-week low of Mereo BioPharma Group PLC is 1.470.
What is the market capitalization of Mereo BioPharma Group PLC?
The market capitalization of Mereo BioPharma Group PLC is 1.49B.
What is the net income of Mereo BioPharma Group PLC?
The net income of Mereo BioPharma Group PLC is -29.47M.
Is Mereo BioPharma Group PLC (MREO) currently rated as Buy, Hold, or Sell?
According to analysts, Mereo BioPharma Group PLC (MREO) has an overall rating of --, with a price target of 7.000.
What is the Earnings Per Share (EPS TTM) of Mereo BioPharma Group PLC (MREO)?
The Earnings Per Share (EPS TTM) of Mereo BioPharma Group PLC (MREO) is -0.268.