In recent trading session, Mersana Therapeutics Inc (NASDAQ:MRSN) saw 0.42 million shares changing hands at last check today with its beta currently measuring 1.63. Company’s recent per share price level of $0.54 trading at $0.01 or 1.70% at last check today assigns it a market valuation of $66.34M. That most recent trading price of MRSN’s stock is at a discount of -1062.96% from its 52-week high price of $6.28 and is indicating a premium of 9.26% from its 52-week low price of $0.49.
For Mersana Therapeutics Inc (MRSN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.36. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Mersana Therapeutics Inc (NASDAQ:MRSN) trade information
Upright in the green today for gaining 1.70%, in the last five days MRSN remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $0.54 price level, adding 16.92% to its value on the day. Mersana Therapeutics Inc’s shares saw a change of -62.45% in year-to-date performance and have moved -11.87% in past 5-day. Mersana Therapeutics Inc (NASDAQ:MRSN) showed a performance of 1.80% in past 30-days.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 82.0% to its recent value today. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -455.56% in reaching the projected high whereas dropping to the targeted low would mean a loss of -455.56% for stock’s current value.
Mersana Therapeutics Inc (MRSN) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 11.93% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 58.87% while estimates for its earnings growth in next 5 years are of 20.92%.
Mersana Therapeutics Inc (NASDAQ:MRSN)’s Major holders
ECOR1 CAPITAL, LLC is the top institutional holder at MRSN for having 19.36 million shares of worth $38.92 million. And as of 2024-06-30, it was holding 15.8156 of the company’s outstanding shares.
The second largest institutional holder is VR ADVISER, LLC, which was holding about 11.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.2519 of outstanding shares, having a total worth of $22.77 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 3.47 shares of worth $1.86 million or 2.81% of the total outstanding shares. The later fund manager was in possession of 3.22 shares on Nov 30, 2024, making its stake of worth around $1.73 million in the company or a holder of 2.60% of company’s stock.
