Long-Time Horizon Analysis of Mersana Therapeutics Inc (MRSN) Stock

A share price of Mersana Therapeutics Inc [MRSN] is currently trading at $2.21, up 3.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The MRSN shares have gain 6.76% over the last week, with a monthly amount drifted -14.01%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Mersana Therapeutics Inc [NASDAQ: MRSN] stock has seen the most recent analyst activity on March 19, 2024, when JP Morgan upgraded its rating to a Neutral but kept the price target unchanged to $5 for it. Previously, Wedbush upgraded its rating to Outperform on February 29, 2024, and elevated its price target to $7. On February 29, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $7 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $6 on February 29, 2024. Citigroup upgraded its rating to a Buy and raised its price target to $5 on December 04, 2023. Robert W. Baird downgraded its rating to Neutral for this stock on July 28, 2023, and downed its price target to $1. In a note dated July 27, 2023, Wedbush downgraded an Neutral rating on this stock.

Mersana Therapeutics Inc experienced fluctuations in its stock price throughout the past year between $0.80 and $6.28. Mersana Therapeutics Inc [NASDAQ: MRSN] shares were valued at $2.21 at the most recent close of the market.

Analyzing the MRSN fundamentals

Trailing Twelve Months sales for Mersana Therapeutics Inc [NASDAQ:MRSN] were 38.30M which represents 18.50% growth. Gross Profit Margin for this corporation currently stands at 0.96% with Operating Profit Margin at -3.6%, Pretax Profit Margin comes in at -3.52%, and Net Profit Margin reading is -3.52%. To continue investigating profitability, this company’s Return on Assets is posted at -0.68, Equity is -2.61 and Total Capital is -0.95. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.14 points at the first support level, and at 2.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.27, and for the 2nd resistance point, it is at 2.32.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Mersana Therapeutics Inc [NASDAQ:MRSN] is 3.51. On the other hand, the Quick Ratio is 3.51, and the Cash Ratio is 1.41. Considering the valuation of this stock, the price to sales ratio is 7.06, the price to book ratio is 9.66.

Transactions by insiders

Recent insider trading involved Protopapas Anna, Director, that happened on Jan 16 ’24 when 29399.0 shares were sold. SVP, Chief Sci.&Tech. Officer, Lowinger Timothy B completed a deal on Jan 16 ’24 to sell 10409.0 shares. Meanwhile, SVP, COO & CFO DeSchuytner Brian sold 9327.0 shares on Jan 16 ’24.

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