Mereo BioPharma Group plc (MPH.L) (LON:MPH) Stock Crosses Below 50-Day Moving Average of $26.50

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

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

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 company’s 50 day moving average is GBX 26.50 and its 200 day moving average is GBX 26.50. The stock has a market capitalization of £89.76 million and a price-to-earnings ratio of -0.21.

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.

Featured Stories

Receive News & Ratings for Mereo BioPharma Group plc (MPH.L) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mereo BioPharma Group plc (MPH.L) and related companies with MarketBeat.com's FREE daily email newsletter.