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Mereo BioPharma Group plc MREO

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Price alert · MREO

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0.29 USD 0.00 +0.17%

At close · Nov 2

0.29 0.00 0.00%

After hours · Nov 2, 4:00 PM ET

Bid
0.29 × 3
Ask
0.29 × 2
0.2801 Day range 0.299
0.20 52-week range 2.37
YTD
-30.46%
1 year
-84.74%
Open
0.2862
Prev close
0.2895
Mkt cap
46.31M
Vol
477.59K
Avg vol
3.96M
EPS
-0.20
P/E
0.00
Div yield
0.00%
More statistics
Low
0.2801
High
0.299
Forward P/E
-113.00
Beta
0.00
Short ratio
8.10
Inst. own
70.58%
Dividend
0.00
Ex-div date
Earnings
Aug 13, 2024
50-d avg
3.92
200-d avg
3.73
1y target
7.04

2Y chart

Chart tools
Interval

Events in this range
  • Nov 12, 2024Rating: Needham · Buy → Buy
  • Dec 6, 2024Rating: Jefferies · — → Buy
Signals (78)
NameDateAgo
SMA: BearishOct 16, 20262 weeks ago
MACD: Sell SignalOct 9, 20263 weeks ago
RSI: OverboughtSep 29, 20261 month ago
SMA: BullishSep 22, 20261 month ago
SMA: BearishSep 21, 20261 month ago
SMA: BullishSep 18, 20261 month ago
MACD: Buy SignalSep 14, 20261 month ago
SMA: BearishAug 20, 20262 months ago
MACD: Sell SignalAug 20, 20262 months ago
SMA: BullishAug 18, 20262 months ago
SMA: BearishAug 17, 20262 months ago
SMA: BullishAug 14, 20262 months ago
MACD: Buy SignalAug 14, 20262 months ago
MACD: Sell SignalAug 7, 20262 months ago
SMA: BearishAug 5, 20262 months ago
MACD: Buy SignalJul 31, 20263 months ago
SMA: BullishJul 30, 20263 months ago
SMA: BearishJul 22, 20263 months ago
MACD: Sell SignalJul 14, 20263 months ago
MACD: Buy SignalJun 29, 20264 months ago
MACD: Sell SignalJun 24, 20264 months ago
MACD: Buy SignalJun 23, 20264 months ago
SMA: BullishJun 17, 20264 months ago
SMA: BearishJun 15, 20264 months ago
MACD: Sell SignalJun 12, 20264 months ago
SMA: BullishMay 26, 20265 months ago
MACD: Buy SignalMay 13, 20265 months ago
RSI: OversoldMay 6, 20266 months ago
RSI: OversoldApr 28, 20266 months ago
MACD: Sell SignalApr 27, 20266 months ago
RSI: OversoldFeb 4, 20269 months ago
MACD: Buy SignalJan 15, 20269 months ago
SMA: BearishDec 29, 202510 months ago
SMA: BearishDec 29, 202510 months ago
MACD: Sell SignalDec 29, 202510 months ago
RSI: OversoldDec 29, 202510 months ago
SMA: BullishDec 22, 202510 months ago
MACD: Buy SignalDec 22, 202510 months ago
SMA: BullishDec 19, 202510 months ago
MACD: Sell SignalDec 18, 202510 months ago
SMA: BearishDec 17, 202510 months ago
SMA: BearishDec 16, 202510 months ago
RSI: OverboughtDec 10, 202510 months ago
SMA: BullishDec 8, 202510 months ago
SMA: BullishDec 3, 202511 months ago
MACD: Buy SignalNov 25, 202511 months ago
MACD: Sell SignalOct 23, 20251 year ago
MACD: Buy SignalOct 20, 20251 year ago
MACD: Sell SignalOct 14, 20251 year ago
SMA: BullishSep 18, 20251 year ago
SMA: BearishSep 15, 20251 year ago
SMA: BullishSep 12, 20251 year ago
RSI: OversoldAug 8, 20251 year ago
MACD: Buy SignalAug 1, 20251 year ago
SMA: BearishJul 10, 20251 year ago
MACD: Sell SignalJul 10, 20251 year ago
RSI: OversoldJul 10, 20251 year ago
MACD: Buy SignalJul 9, 20251 year ago
MACD: Sell SignalJul 8, 20251 year ago
MACD: Buy SignalJul 7, 20251 year ago
MACD: Sell SignalJun 27, 20251 year ago
SMA: BullishJun 2, 20251 year ago
MACD: Buy SignalJun 2, 20251 year ago
SMA: BearishMay 13, 20251 year ago
MACD: Sell SignalMay 9, 20251 year ago
SMA: BullishMay 7, 20251 year ago
SMA: BearishMay 6, 20251 year ago
SMA: BullishApr 22, 20251 year ago
MACD: Buy SignalApr 16, 20251 year ago
RSI: OversoldApr 7, 20251 year ago
MACD: Sell SignalMar 28, 20251 year ago
MACD: Buy SignalMar 10, 20251 year ago
RSI: OversoldFeb 25, 20251 year ago
MACD: Sell SignalFeb 24, 20251 year ago
MACD: Buy SignalFeb 3, 20251 year ago
RSI: OversoldJan 17, 20251 year ago
MACD: Sell SignalJan 14, 20251 year ago
MACD: Buy SignalDec 24, 20241 year ago

Key statistics

Market cap
525.94M
Enterprise value
2.52B
Trailing P/E
0.00
Forward P/E
-113.00
PEG ratio
0.00
Price / sales
525.94
Price / book
7.23
EPS (TTM)
-0.30
Beta
0.00
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
0.00%
Revenue (TTM)
1.00M
Revenue growth
0.00%
Free cash flow
-20.09M
Total cash
80.52M
Total debt
6.68M
Return on equity
-73.64%
Shares outstanding
155.15M
Short % of float
5.06%
50-day average
3.92
200-day average
3.73

Analyst view

Consensus: none

Price target (mean) 7.04 +2326.8% upside
Target (low)
5.91
Target (mean)
7.04
Target (high)
7.87
Ratings (0m) 6 6 buy · 0 hold · 0 sell
  • Strong buy1
  • Buy5
  • Hold0
  • Sell0
  • Strong sell0

Next earnings

Aug 13, 2024

Expected Aug 13, 2024. Consensus EPS estimate 0.0076.

Earnings history

Financials — quick view

All financials
MREO Revenue — quarterly 0
2023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
MREO Net income — quarterly -7.00M
2023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
MREO EPS — quarterly -0.05
2023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

MREO recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Aug 13, 2024Jun 1, 20240.00———
May 15, 2024Mar 1, 20240.00-0.01——
May 15, 2024Mar 1, 20240.00———
Mar 26, 2024Dec 1, 20230.00———
Mar 30, 2023Dec 1, 20220.00———

Upgrades / downgrades

MREO analyst upgrades and downgrades
DateFirmActionFromTo
Dec 6, 2024Jefferiesinit—Buy
Nov 12, 2024NeedhamreitBuyBuy
Oct 1, 2024Cantor FitzgeraldreitOverweightOverweight
Sep 16, 2024Cantor FitzgeraldreitOverweightOverweight
Aug 13, 2024NeedhamreitBuyBuy
Jul 22, 2024Cantor FitzgeraldreitOverweightOverweight

About Mereo BioPharma Group plc

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. In addition, it develops rare disease product candidates, including Setrusumab (BPS-804), an antibody for the treatment of osteogenesis imperfecta; and Alvelestat (MPH-966), an oral small molecule that is in Phase II clinical trial to treat Alpha-1 anti-trypsin deficiency. The company has a license agreement with Feng Biosciences for the development and commercialization of navicixizumab; license agreement with ReproNovo for the development and commercialization of leflutrozole; licensing agreement with AstraZeneca; and license agreement with Ultragenyx Pharmaceutical Inc. to develop and commercialize setrusumab. Mereo BioPharma Group plc was incorporated in 2015 and is headquartered in London, the United Kingdom.

Sector
Healthcare
Industry
Biotechnology
Country
United Kingdom

News

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Insider holders

MREO insider holders
InsiderRelationLatest transactionDateShares held
BENDER JEREMYDirectorStock Award(Grant)Jun 16, 20240
FOX CHRISTINE ANNChief Financial OfficerSaleSep 12, 202489,285
HUGHES-WILSON ALEXANDRAOfficerSaleSep 12, 202450,475
LEWICKI JOHN AOfficerSaleSep 12, 202492,826
PAKIANATHAN DEEPIKA RDirectorSaleAug 21, 20240
SCOTS-KNIGHT DENISEChief Executive OfficerSaleSep 12, 2024808,921

Institution ownership

MREO institution ownership
Holder% heldSharesValueReported
Rubric Capital Management LP0.39%15,307,34751.89MSep 29, 2024
Janus Henderson Group PLC0.32%12,345,86641.85MSep 29, 2024
Adage Capital Partners GP L.L.C.0.25%9,715,01332.93MSep 29, 2024
Rock Springs Capital Management, LP0.25%9,534,17032.32MSep 29, 2024
Mangrove Partners0.23%8,729,72029.59MSep 29, 2024
Deerfield Management Company, L.P. (Series C)0.17%6,710,42922.75MSep 29, 2024

Fund ownership

MREO fund ownership
Holder% heldSharesValueReported
Tema ETF Tr-Tema Oncology ETF0.01%311,7651.06MAug 30, 2024
Tema ETF Tr-Tema GLP-1, Obesity & Cardiometabolic ETF0.01%526,1441.78MAug 30, 2024
SPDR (R) Idx Shares-SPDR (R) S&P (R) International Small Cap ETF0.00%47,561161.23KSep 29, 2024
Trust for Professional Managers-ActivePassive International Equity ETF0.00%44,657151.39KAug 30, 2024
Northern Small Cap Core Fund0.00%1,0073.41KSep 29, 2024
Primecap Odyssey Aggressive Growth Fund0.00%10,00033.90KSep 29, 2024
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