Mersana Therapeutics Stock Today

MRSN Stock  USD 2.12  0.10  4.95%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Over 59

 
High
 
Low
Above Average
Mersana Therapeutics is selling at 2.12 as of the 7th of October 2024; that is 4.95 percent increase since the beginning of the trading day. The stock's open price was 2.02. Mersana Therapeutics has over 59 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Mersana Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of September 2024 and ending today, the 7th of October 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
28th of June 2017
Category
Healthcare
Classification
Health Care
Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company, develops antibody drug conjugates for cancer patients with unmet need. Mersana Therapeutics, Inc. was incorporated in 2001 and is headquartered in Cambridge, Massachusetts. Mersana Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 122.67 M outstanding shares of which 10.31 M shares are now shorted by private and institutional investors with about 8.72 trading days to cover. More on Mersana Therapeutics

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Mersana Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentMartin MD
Thematic IdeaCancer Fighters (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Health Care, NASDAQ Composite, Cancer Fighters, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.230.163
Significantly Up
Slightly volatile
Total Current Liabilities48.5 M63.6 M
Way Down
Slightly volatile
Non Current Liabilities Total66.2 M125.5 M
Way Down
Pretty Stable
Total Assets180.4 M226.1 M
Significantly Down
Slightly volatile
Total Current Assets169.2 M214.1 M
Significantly Down
Slightly volatile
Debt Levels
Mersana Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mersana Therapeutics' financial leverage. It provides some insight into what part of Mersana Therapeutics' total assets is financed by creditors.
Liquidity
Mersana Therapeutics currently holds 33.83 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Mersana Therapeutics has a current ratio of 3.25, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Mersana Therapeutics' use of debt, we should always consider it together with its cash and equity.

Change In Working Capital

(17.82 Million)
Mersana Therapeutics (MRSN) is traded on NASDAQ Exchange in USA. It is located in 840 Memorial Drive, Cambridge, MA, United States, 02139 and employs 123 people. Mersana Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 260.07 M. Mersana Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 122.67 M outstanding shares of which 10.31 M shares are now shorted by private and institutional investors with about 8.72 trading days to cover. Mersana Therapeutics currently holds about 225.13 M in cash with (168.88 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.32, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Mersana Therapeutics Probability Of Bankruptcy
Ownership Allocation
Mersana Therapeutics maintains a total of 122.67 Million outstanding shares. The majority of Mersana Therapeutics outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Mersana Therapeutics to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Mersana Therapeutics. Please pay attention to any change in the institutional holdings of Mersana Therapeutics as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Mersana Ownership Details

Mersana Stock Institutional Holders

InstituionRecorded OnShares
Silverarc Capital Management, Llc2024-06-30
2.5 M
Geode Capital Management, Llc2024-06-30
2.5 M
Morgan Stanley - Brokerage Accounts2024-06-30
2.3 M
Jpmorgan Chase & Co2024-06-30
M
Longwood Capital Partners Llc2024-06-30
1.7 M
Deutsche Bank Ag2024-06-30
1.6 M
Woodline Partners Lp2024-06-30
1.5 M
D. E. Shaw & Co Lp2024-06-30
1.5 M
Renaissance Technologies Corp2024-06-30
1.4 M
Ecor1 Capital, Llc2024-06-30
19.4 M
Vr Adviser, Llc2024-06-30
11.3 M
View Mersana Therapeutics Diagnostics

Mersana Therapeutics Historical Income Statement

At this time, Mersana Therapeutics' Interest Income is very stable compared to the past year. As of the 7th of October 2024, Interest Expense is likely to grow to about 4.3 M, while Depreciation And Amortization is likely to drop about 1.1 M. View More Fundamentals

Mersana Stock Against Markets

Mersana Therapeutics Corporate Management

Chuck MillerSenior AffairsProfile
Carla PoulsonChief OfficerProfile
Marc DamelinOncology, BiologyProfile
Jason FredetteSenior CommunicationsProfile
Mohan BalaSenior OfficerProfile

Additional Information and Resources on Investing in Mersana Stock

When determining whether Mersana Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mersana Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mersana Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mersana Therapeutics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mersana Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
To learn how to invest in Mersana Stock, please use our How to Invest in Mersana Therapeutics guide.
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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mersana Therapeutics. If investors know Mersana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mersana Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.85)
Revenue Per Share
0.247
Quarterly Revenue Growth
(0.79)
Return On Assets
(0.26)
Return On Equity
(2.13)
The market value of Mersana Therapeutics is measured differently than its book value, which is the value of Mersana that is recorded on the company's balance sheet. Investors also form their own opinion of Mersana Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Mersana Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mersana Therapeutics' market value can be influenced by many factors that don't directly affect Mersana Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mersana Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mersana Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mersana Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.