Mereo BioPharma Group plc (MPH.L) (LON:MPH) Shares Pass Below Fifty Day Moving Average of $26.50

Mereo BioPharma Group plc (MPH.L) (LON:MPHGet Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 26.50 ($0.34) and traded as low as GBX 26 ($0.33). Mereo BioPharma Group plc (MPH.L) shares last traded at GBX 26.50 ($0.34), with a volume of 49,264 shares.

Mereo BioPharma Group plc (MPH.L) Stock Performance

The company has a market capitalization of £89.76 million and a P/E ratio of -0.21. The company has a debt-to-equity ratio of 164.26, a quick ratio of 2.92 and a current ratio of 2.98. The stock has a fifty day moving average of GBX 26.50 and a 200 day moving average of GBX 26.50.

Mereo BioPharma Group plc (MPH.L) Company Profile

(Get Free Report)

Mereo BioPharma Group plc, a biopharmaceutical company, acquires, develops, and commercializes therapeutics for the treatment of oncology and rare diseases. Its lead product candidate, etigilimab (OMP-313M32), an antibody T-cell immunoreceptor with Ig and ITIM domains, which is in Phase 1b clinical trial for the treatment of tumor.

Further Reading

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