Mersana Therapeutics Stock Price History

MRSN Stock  USD 2.04  0.06  3.03%   
Below is the normalized historical share price chart for Mersana Therapeutics extending back to June 28, 2017. 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 Mersana Therapeutics stands at 2.04, as last reported on the 24th of November, with the highest price reaching 2.12 and the lowest price hitting 1.95 during the day.
IPO Date
28th of June 2017
200 Day MA
2.6856
50 Day MA
2.0698
Beta
1.475
 
Covid
If you're considering investing in Mersana Stock, it is important to understand the factors that can impact its price. Mersana Therapeutics appears to be dangerous, given 3 months investment horizon. Mersana Therapeutics has Sharpe Ratio of 0.0839, which conveys that the firm had a 0.0839% return per unit of risk over the last 3 months. By analyzing Mersana Therapeutics' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please exercise Mersana Therapeutics' Downside Deviation of 5.89, mean deviation of 4.98, and Risk Adjusted Performance of 0.0977 to check out if our risk estimates are consistent with your expectations.
  
At this time, Mersana Therapeutics' Total Stockholder Equity is very stable compared to the past year. As of the 24th of November 2024, Common Stock Shares Outstanding is likely to grow to about 121.9 M, while Common Stock Total Equity is likely to drop 4,243. . At this time, Mersana Therapeutics' Price Book Value Ratio is very stable compared to the past year. As of the 24th of November 2024, Price To Book Ratio is likely to grow to 7.66, while Price To Sales Ratio is likely to drop 6.94. Mersana Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0839

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Estimated Market Risk

 6.62
  actual daily
58
58% of assets are less volatile

Expected Return

 0.56
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Mersana Therapeutics is performing at about 6% of its full potential. 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 Mersana Therapeutics by adding it to a well-diversified portfolio.
Price Book
240.2356
Enterprise Value Ebitda
(2.20)
Price Sales
7.2339
Shares Float
71.3 M
Wall Street Target Price
6.5

Mersana Therapeutics Stock Price History Chart

There are several ways to analyze Mersana Stock price data. The simplest method is using a basic Mersana candlestick price chart, which shows Mersana Therapeutics 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 PriceNovember 13, 20242.63
Lowest PriceSeptember 6, 20241.35

Mersana Therapeutics November 24, 2024 Stock Price Synopsis

Various analyses of Mersana Therapeutics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Mersana Stock. It can be used to describe the percentage change in the price of Mersana Therapeutics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Mersana Stock.
Mersana Therapeutics Price Daily Balance Of Power 0.35 
Mersana Therapeutics Price Rate Of Daily Change 1.03 
Mersana Therapeutics Price Action Indicator 0.04 

Mersana Therapeutics November 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Mersana Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mersana Therapeutics intraday prices and daily technical indicators to check the level of noise trading in Mersana Stock and then apply it to test your longer-term investment strategies against Mersana.

Mersana Stock Price History Data

The price series of Mersana Therapeutics for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 1.28 with a coefficient of variation of 15.1. The daily prices for the period are spread out with arithmetic mean of 1.95. The median price for the last 90 days is 1.98.
OpenHighLowCloseVolume
11/24/2024
 2.00  2.12  1.95  2.04 
11/22/2024 2.00  2.12  1.95  2.04  587,910 
11/21/2024 2.23  2.29  1.97  1.98  1,012,780 
11/20/2024 2.25  2.35  2.15  2.22  671,918 
11/19/2024 2.07  2.24  1.98  2.22  1,037,414 
11/18/2024 2.22  2.29  2.06  2.11  1,804,779 
11/15/2024 2.53  2.61  2.21  2.21  1,010,023 
11/14/2024 2.79  2.79  2.44  2.52  927,345 
11/13/2024 2.65  2.83  2.52  2.63  2,879,054 
11/12/2024 2.48  2.53  2.12  2.20  1,519,594 
11/11/2024 2.64  2.65  2.48  2.53  1,440,543 
11/08/2024 2.58  2.65  2.45  2.57  3,714,921 
11/07/2024 2.37  2.66  2.36  2.55  1,942,204 
11/06/2024 2.12  2.36  2.04  2.34  3,961,318 
11/05/2024 1.81  2.04  1.80  2.01  769,351 
11/04/2024 1.85  1.96  1.81  1.84  380,905 
11/01/2024 1.87  1.90  1.80  1.82  249,763 
10/31/2024 1.87  1.90  1.81  1.81  419,099 
10/30/2024 1.92  1.98  1.86  1.87  292,252 
10/29/2024 2.02  2.03  1.86  1.94  327,468 
10/28/2024 1.90  2.07  1.90  2.04  321,113 
10/25/2024 2.03  2.05  1.90  1.90  455,100 
10/24/2024 2.08  2.09  1.99  2.01  259,967 
10/23/2024 2.04  2.10  2.00  2.06  523,266 
10/22/2024 2.10  2.11  1.94  2.05  610,013 
10/21/2024 2.10  2.14  2.08  2.10  295,221 
10/18/2024 2.12  2.13  2.04  2.10  527,904 
10/17/2024 2.11  2.14  2.06  2.11  322,074 
10/16/2024 2.13  2.17  2.08  2.11  503,207 
10/15/2024 2.06  2.16  2.02  2.13  497,734 
10/14/2024 1.97  2.10  1.93  2.06  565,695 
10/11/2024 1.89  1.98  1.87  1.97  549,201 
10/10/2024 1.83  1.91  1.83  1.90  661,923 
10/09/2024 1.91  1.99  1.85  1.88  750,156 
10/08/2024 1.97  2.07  1.95  1.99  785,432 
10/07/2024 2.10  2.12  1.95  1.96  2,313,952 
10/04/2024 2.06  2.17  2.00  2.12  1,979,682 
10/03/2024 2.01  2.06  1.92  2.02  938,450 
10/02/2024 1.80  2.18  1.80  2.04  1,675,938 
10/01/2024 1.90  1.91  1.79  1.83  748,898 
09/30/2024 1.85  1.89  1.82  1.89  547,966 
09/27/2024 1.90  1.91  1.83  1.85  477,243 
09/26/2024 1.87  1.88  1.78  1.85  808,185 
09/25/2024 1.87  1.87  1.79  1.80  355,246 
09/24/2024 1.95  1.97  1.86  1.89  399,778 
09/23/2024 2.16  2.16  1.91  1.95  662,681 
09/20/2024 2.18  2.22  2.13  2.16  1,343,629 
09/19/2024 2.20  2.27  2.08  2.19  862,326 
09/18/2024 2.04  2.28  2.00  2.12  1,170,166 
09/17/2024 1.97  2.13  1.90  2.04  2,388,597 
09/16/2024 2.05  2.09  1.93  1.97  2,043,986 
09/13/2024 1.81  2.11  1.74  2.11  2,175,372 
09/12/2024 1.79  1.84  1.73  1.77  945,329 
09/11/2024 1.54  1.77  1.52  1.77  1,254,434 
09/10/2024 1.47  1.58  1.45  1.58  487,028 
09/09/2024 1.35  1.51  1.32  1.50  1,070,906 
09/06/2024 1.41  1.43  1.28  1.35  808,175 
09/05/2024 1.42  1.48  1.34  1.42  1,172,033 
09/04/2024 1.45  1.48  1.39  1.44  475,789 
09/03/2024 1.58  1.61  1.43  1.45  807,792 
08/30/2024 1.53  1.58  1.47  1.58  479,899 

About Mersana Therapeutics Stock history

Mersana Therapeutics 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 Mersana is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mersana Therapeutics 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 Mersana Therapeutics stock prices may prove useful in developing a viable investing in Mersana Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding116.1 M121.9 M
Net Loss-183.8 M-174.6 M

Mersana Therapeutics Quarterly Net Working Capital

106.78 Million

Mersana Therapeutics Stock Technical Analysis

Mersana Therapeutics 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.
A focus of Mersana Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mersana Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Mersana Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mersana Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Mersana Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mersana 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.
When determining whether Mersana Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mersana Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mersana Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mersana Therapeutics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mersana Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 Mersana Therapeutics. If investors know Mersana 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 Mersana Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.60)
Revenue Per Share
0.286
Quarterly Revenue Growth
0.637
Return On Assets
(0.26)
Return On Equity
(2.13)
The market value of Mersana Therapeutics is measured differently than its book value, which is the value of Mersana that is recorded on the company's balance sheet. Investors also form their own opinion of Mersana Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Mersana Therapeutics' 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 Mersana Therapeutics' market value can be influenced by many factors that don't directly affect Mersana Therapeutics' 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 Mersana Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mersana Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mersana Therapeutics' 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.