Mereo BioPharma Group PLC's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered undervalued, ranking 79 out of 396 in the Biotechnology & Medical Research industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 1.75.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, 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
79 / 396
Overall Ranking
204 / 4555
Industry
Biotechnology & Medical Research
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Positive
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, which include Etigilimab, 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 and 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 -2.50, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 119.57M shares, increasing 6.85% 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, which include Etigilimab, 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 and 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
CEOScots-Knight (Denise V)
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 0.670.
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 3.255.
What is the 52-week low of Mereo BioPharma Group PLC?
The 52-week low of Mereo BioPharma Group PLC is 0.200.
What is the market capitalization of Mereo BioPharma Group PLC?
The market capitalization of Mereo BioPharma Group PLC is 533.37M.
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 Buy, with a price target of 1.750.
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.