Mereo Biopharma Group Stock Price History
| MREO Stock | USD 3.68 0.10 2.79% |
Below is the normalized historical share price chart for Mereo BioPharma Group extending back to April 24, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Mereo BioPharma stands at 3.68, as last reported on the 21st of November, with the highest price reaching 3.69 and the lowest price hitting 3.45 during the day.
If you're considering investing in Mereo Stock, it is important to understand the factors that can impact its price. Mereo BioPharma Group has Sharpe Ratio of -0.11, which conveys that the firm had a -0.11% return per unit of risk over the last 3 months. Mereo BioPharma exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mereo BioPharma's Mean Deviation of 2.62, risk adjusted performance of (0.05), and Standard Deviation of 3.48 to check out the risk estimate we provide.
At this time, Mereo BioPharma's Common Stock Total Equity is very stable compared to the past year. As of the 21st of November 2024, Common Stock Shares Outstanding is likely to grow to about 692.4 M, while Total Stockholder Equity is likely to drop about 44.6 M. . At this time, Mereo BioPharma's Price Book Value Ratio is very stable compared to the past year. As of the 21st of November 2024, Price Earnings To Growth Ratio is likely to grow to 2.56, while Price To Sales Ratio is likely to drop 100.92. Mereo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of April 2019 | 200 Day MA 3.7564 | 50 Day MA 4.289 | Beta 0.97 |
Mereo |
Sharpe Ratio = -0.1067
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | MREO |
Estimated Market Risk
| 3.42 actual daily | 30 70% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Mereo BioPharma is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Mereo BioPharma by adding Mereo BioPharma to a well-diversified portfolio.
Price Book 7.6572 | Enterprise Value Ebitda (1.21) | Price Sales 555.4227 | Shares Float 485.1 M | Wall Street Target Price 7.22 |
Mereo BioPharma Stock Price History Chart
There are several ways to analyze Mereo Stock price data. The simplest method is using a basic Mereo candlestick price chart, which shows Mereo BioPharma price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | August 30, 2024 | 4.69 |
| Lowest Price | November 18, 2024 | 3.33 |
Mereo BioPharma November 21, 2024 Stock Price Synopsis
Various analyses of Mereo BioPharma's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mereo Stock. It can be used to describe the percentage change in the price of Mereo BioPharma from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mereo Stock.| Mereo BioPharma Price Daily Balance Of Power | 0.42 | |
| Mereo BioPharma Accumulation Distribution | 56,247 | |
| Mereo BioPharma Price Action Indicator | 0.16 | |
| Mereo BioPharma Price Rate Of Daily Change | 1.03 |
Mereo BioPharma November 21, 2024 Stock Price Analysis
Mereo Stock Price History Data
The price series of Mereo BioPharma for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 has a statistical range of 1.54 with a coefficient of variation of 7.04. The daily prices for the period are spread out with arithmetic mean of 4.28. The median price for the last 90 days is 4.28.| Open | High | Low | Close | Volume | ||
| 11/21/2024 | 3.58 | 3.69 | 3.45 | 3.68 | 864,791 | |
| 11/20/2024 | 3.47 | 3.59 | 3.40 | 3.58 | 727,419 | |
| 11/19/2024 | 3.28 | 3.49 | 3.21 | 3.49 | 934,125 | |
| 11/18/2024 | 3.60 | 3.60 | 3.18 | 3.33 | 1,964,829 | |
| 11/15/2024 | 3.79 | 3.82 | 3.51 | 3.53 | 2,139,401 | |
| 11/14/2024 | 4.05 | 4.14 | 3.78 | 3.82 | 1,561,499 | |
| 11/13/2024 | 4.04 | 4.21 | 3.97 | 4.05 | 964,324 | |
| 11/12/2024 | 4.16 | 4.29 | 4.02 | 4.10 | 969,386 | |
| 11/11/2024 | 4.29 | 4.39 | 4.23 | 4.28 | 442,379 | |
| 11/08/2024 | 4.08 | 4.28 | 4.05 | 4.26 | 331,590 | |
| 11/07/2024 | 4.09 | 4.20 | 4.07 | 4.09 | 538,702 | |
| 11/06/2024 | 4.15 | 4.21 | 4.07 | 4.10 | 399,776 | |
| 11/05/2024 | 4.00 | 4.10 | 3.98 | 4.10 | 346,888 | |
| 11/04/2024 | 4.24 | 4.24 | 4.01 | 4.01 | 770,872 | |
| 11/01/2024 | 4.23 | 4.32 | 4.20 | 4.28 | 473,563 | |
| 10/31/2024 | 4.24 | 4.29 | 4.15 | 4.21 | 638,175 | |
| 10/30/2024 | 4.18 | 4.31 | 4.13 | 4.25 | 482,565 | |
| 10/29/2024 | 4.19 | 4.25 | 4.14 | 4.21 | 481,253 | |
| 10/28/2024 | 4.25 | 4.33 | 4.15 | 4.20 | 496,947 | |
| 10/25/2024 | 4.33 | 4.42 | 4.25 | 4.26 | 404,030 | |
| 10/24/2024 | 4.27 | 4.35 | 4.18 | 4.35 | 595,351 | |
| 10/23/2024 | 4.31 | 4.33 | 4.05 | 4.25 | 706,192 | |
| 10/22/2024 | 4.50 | 4.60 | 4.32 | 4.37 | 623,431 | |
| 10/21/2024 | 4.61 | 4.72 | 4.37 | 4.53 | 436,677 | |
| 10/18/2024 | 4.53 | 4.64 | 4.49 | 4.62 | 405,101 | |
| 10/17/2024 | 4.51 | 4.64 | 4.42 | 4.56 | 751,326 | |
| 10/16/2024 | 4.59 | 4.60 | 4.46 | 4.51 | 514,450 | |
| 10/15/2024 | 4.43 | 4.55 | 4.34 | 4.54 | 443,785 | |
| 10/14/2024 | 4.29 | 4.49 | 4.20 | 4.47 | 683,799 | |
| 10/11/2024 | 4.10 | 4.34 | 4.07 | 4.34 | 552,383 | |
| 10/10/2024 | 4.10 | 4.20 | 4.07 | 4.12 | 389,866 | |
| 10/09/2024 | 4.15 | 4.23 | 4.09 | 4.14 | 457,018 | |
| 10/08/2024 | 4.28 | 4.28 | 4.14 | 4.16 | 665,585 | |
| 10/07/2024 | 4.39 | 4.40 | 4.18 | 4.25 | 548,090 | |
| 10/04/2024 | 4.40 | 4.50 | 4.32 | 4.40 | 889,513 | |
| 10/03/2024 | 4.30 | 4.45 | 4.24 | 4.40 | 926,323 | |
| 10/02/2024 | 4.14 | 4.30 | 4.12 | 4.29 | 844,849 | |
| 10/01/2024 | 4.15 | 4.18 | 3.94 | 4.17 | 1,163,811 | |
| 09/30/2024 | 4.16 | 4.20 | 4.00 | 4.11 | 593,207 | |
| 09/27/2024 | 4.12 | 4.18 | 4.09 | 4.14 | 564,088 | |
| 09/26/2024 | 4.01 | 4.22 | 4.00 | 4.10 | 624,386 | |
| 09/25/2024 | 4.06 | 4.10 | 3.95 | 4.00 | 452,177 | |
| 09/24/2024 | 4.09 | 4.11 | 3.98 | 4.05 | 531,043 | |
| 09/23/2024 | 4.24 | 4.24 | 4.05 | 4.09 | 541,066 | |
| 09/20/2024 | 4.29 | 4.34 | 4.18 | 4.25 | 465,175 | |
| 09/19/2024 | 4.31 | 4.44 | 4.24 | 4.28 | 720,783 | |
| 09/18/2024 | 4.12 | 4.31 | 4.02 | 4.22 | 1,565,428 | |
| 09/17/2024 | 4.50 | 4.54 | 3.88 | 3.95 | 2,805,211 | |
| 09/16/2024 | 4.26 | 4.55 | 4.21 | 4.50 | 806,065 | |
| 09/13/2024 | 4.43 | 4.43 | 4.01 | 4.28 | 1,379,149 | |
| 09/12/2024 | 4.67 | 4.67 | 4.37 | 4.39 | 612,375 | |
| 09/11/2024 | 4.64 | 4.71 | 4.56 | 4.66 | 514,314 | |
| 09/10/2024 | 4.54 | 4.72 | 4.52 | 4.69 | 516,374 | |
| 09/09/2024 | 4.37 | 4.51 | 4.33 | 4.49 | 638,808 | |
| 09/06/2024 | 4.45 | 4.49 | 4.25 | 4.32 | 926,804 | |
| 09/05/2024 | 4.33 | 4.48 | 4.30 | 4.43 | 536,366 | |
| 09/04/2024 | 4.42 | 4.50 | 4.35 | 4.35 | 369,065 | |
| 09/03/2024 | 4.70 | 4.80 | 4.40 | 4.43 | 881,800 | |
| 08/30/2024 | 4.60 | 4.71 | 4.55 | 4.69 | 523,158 | |
| 08/29/2024 | 4.70 | 4.84 | 4.57 | 4.58 | 709,397 | |
| 08/28/2024 | 4.78 | 4.78 | 4.64 | 4.67 | 528,978 |
About Mereo BioPharma Stock history
Mereo BioPharma investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mereo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mereo BioPharma Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mereo BioPharma stock prices may prove useful in developing a viable investing in Mereo BioPharma
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 659.5 M | 692.4 M | |
| Net Loss | -30.8 M | -32.3 M |
Mereo BioPharma Quarterly Net Working Capital |
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Mereo BioPharma Stock Technical Analysis
Mereo BioPharma technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Mereo BioPharma Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Mereo BioPharma's price direction in advance. Along with the technical and fundamental analysis of Mereo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mereo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.18) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mereo BioPharma Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mereo BioPharma. If investors know Mereo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mereo BioPharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.25) | Revenue Per Share 0.007 | Return On Assets (0.24) | Return On Equity (0.48) |
The market value of Mereo BioPharma Group is measured differently than its book value, which is the value of Mereo that is recorded on the company's balance sheet. Investors also form their own opinion of Mereo BioPharma's value that differs from its market value or its book value, called intrinsic value, which is Mereo BioPharma's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mereo BioPharma's market value can be influenced by many factors that don't directly affect Mereo BioPharma's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mereo BioPharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mereo BioPharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mereo BioPharma's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.