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Mereo BioPharma Group NasdaqCM:MREO Stock Report

Last Price

US$2.81

Market Cap

US$393.4m

7D

6.0%

1Y

134.2%

Updated

25 Apr, 2024

Data

Company Financials +

Mereo BioPharma Group plc

NasdaqCM:MREO Stock Report

Market Cap: US$393.4m

MREO Stock Overview

Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom, the United States, and internationally.

MREO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Mereo BioPharma Group plc Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mereo BioPharma Group
Historical stock prices
Current Share PriceUS$2.81
52 Week HighUS$4.36
52 Week LowUS$0.92
Beta0.78
1 Month Change-4.75%
3 Month Change-28.32%
1 Year Change134.17%
3 Year Change-22.16%
5 Year Change-43.23%
Change since IPO-56.77%

Recent News & Updates

Recent updates

Is Mereo BioPharma Group (NASDAQ:MREO) Weighed On By Its Debt Load?

Apr 07
Is Mereo BioPharma Group (NASDAQ:MREO) Weighed On By Its Debt Load?

Is Mereo BioPharma Group (NASDAQ:MREO) Using Debt Sensibly?

Nov 25
Is Mereo BioPharma Group (NASDAQ:MREO) Using Debt Sensibly?

Mereo stock rises 12% on FDA fast-track status for lung disease drug alvelestat

Oct 17

Rubric Capital boosts Mereo BioPharma board nominees slate to five

Oct 03

Mereo BioPharma: An Activist Pressure With A Potentially Significant Upside

Sep 22

Mereo activist investor Rubric asks board again to hold general meeting, nominate directors

Sep 14

Mereo BioPharma Group regains compliance with Nasdaq's listing rule

Jul 05

Mereo BioPharma: Activist Pressure In A Net-Net Biopharma

Jun 17

Mereo BioPharma: Anti-TIGIT Developer In Mid-Stage Development

Dec 08

Mereo BioPharma and Cancer Focus Fund ink partnership for ovarian cancer study

Apr 30

Shareholder Returns

MREOUS BiotechsUS Market
7D6.0%0.4%1.0%
1Y134.2%0.9%21.9%

Price Volatility

Is MREO's price volatile compared to industry and market?
MREO volatility
MREO Average Weekly Movement7.9%
Biotechs Industry Average Movement11.6%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: MREO's share price has been volatile over the past 3 months.

Volatility Over Time: MREO's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201533Denise Scots-Knightwww.mereobiopharma.com

Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom, the United States, and internationally. It develops Etigilimab (MPH-313), an antibody T-cell immunoreceptor with Ig and ITIM domains, which is in Phase 1b clinical trial for the treatment of tumors. The company is also developing Navicixizumab (OMP-305B83), which has completed Phase 1b clinical trials for the treatment of the late line ovarian cancer; Acumapimod (BCT-197), a p38 MAP kinase inhibitor that is in Phase II clinical trials to treat acute exacerbations of chronic obstructive pulmonary disease; and Leflutrozole (BGS-649), an oral aromatase inhibitor for the treatment of hypogonadotropic hypogonadism which is in Phase 2 trials.

Mereo BioPharma Group plc Fundamentals Summary

How do Mereo BioPharma Group's earnings and revenue compare to its market cap?
MREO fundamental statistics
Market capUS$393.43m
Earnings (TTM)-US$29.47m
Revenue (TTM)US$10.00m

39.3x

P/S Ratio

-13.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MREO income statement (TTM)
RevenueUS$10.00m
Cost of RevenueUS$2.57m
Gross ProfitUS$7.43m
Other ExpensesUS$36.89m
Earnings-US$29.47m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.21
Gross Margin74.26%
Net Profit Margin-294.66%
Debt/Equity Ratio8.7%

How did MREO perform over the long term?

See historical performance and comparison
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