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

Shares of Mereo BioPharma Group plc (MPH.L) (LON:MPHGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 26.50 ($0.35) and traded as low as GBX 26 ($0.35). Mereo BioPharma Group plc (MPH.L) shares last traded at GBX 26.50 ($0.35), with a volume of 49,264 shares traded.

Mereo BioPharma Group plc (MPH.L) Stock Down 1.9 %

The stock has a fifty day moving average price of GBX 26.50 and a two-hundred day moving average price of GBX 26.50. The company has a market cap of £89.76 million and a price-to-earnings ratio of -0.21. The company has a quick ratio of 2.92, a current ratio of 2.98 and a debt-to-equity ratio of 164.26.

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.

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