Mereo Stock Price History Breakdown

MREO
 Stock
  

USD 0.79  0.04  5.33%   

As of today, the current price of Mereo BioPharma is  0.79 , as last reported on the 30th of November, with the highest price reaching  0.80  and the lowest price hitting  0.76  during the day.
Mereo BioPharma Group has Sharpe Ratio of -0.13, which conveys that the firm had -0.13% of return per unit of risk over the last 3 months. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Mereo BioPharma exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Mereo BioPharma Group risk adjusted performance of (0.25), and Mean Deviation of 3.15 to check out the risk estimate we provide.
  
Mereo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
54.8 M
net Income Applicable To Common Shares
12.7 M
Shares Outstanding
125 M
Shares Short Prior Month
5.7 M
Earnings Share
0.11
Shares Short
5.1 M

Mereo BioPharma November 30, 2022 Stock Price Synopsis

Mereo BioPharma Price Daily Balance Of Power 1.00 
Mereo BioPharma Accumulation Distribution 19,484 
Mereo BioPharma Price Action Indicator 0.03 
Mereo BioPharma Price Rate Of Daily Change 1.05 

Mereo BioPharma November 30, 2022 Stock Price Analysis

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When benchmark price declines in a down market, there may be an uptick in Mereo Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Mereo BioPharma intraday prices and daily technical indicators to check the level of noise trading in Mereo Stock and then apply it to test your longer-term investment strategies against Mereo.

Mereo BioPharma Stock Price History Chart

There are several ways to analyze Mereo Stock price data. The simplest method is using a basic Mereo candlestick price chart, which shows Mereo BioPharma price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.

90 Days Highest PriceSeptember 14, 20221.08
90 Days Lowest PriceNovember 17, 20220.71

Mereo Stock Price History Data

The price series of Mereo BioPharma for the period between Thu, Sep 1, 2022 and Wed, Nov 30, 2022 has a statistical range of 0.62 with a coefficient of variation of 13.85. The daily prices for the period are spread out with arithmetic mean of 0.93. The median price for the last 90 days is 0.97.
OpenHighLowCloseVolume
11/30/2022 0.77  0.80  0.76  0.79  389,684 
11/29/2022 0.77  0.78  0.75  0.75  168,426 
11/28/2022 0.79  0.80  0.77  0.78  147,539 
11/25/2022 0.78  0.80  0.76  0.77  52,752 
11/23/2022 0.78  0.82  0.76  0.78  221,450 
11/22/2022 0.75  0.80  0.75  0.79  311,491 
11/21/2022 0.74  0.75  0.70  0.71  216,254 
11/18/2022 0.74  0.75  0.70  0.74  178,282 
11/17/2022 0.75  0.78  0.71  0.71  316,904 
11/16/2022 0.78  0.82  0.75  0.76  204,802 
11/15/2022 0.76  0.81  0.74  0.79  520,809 
11/14/2022 0.80  0.83  0.74  0.75  596,066 
11/11/2022 0.80  0.85  0.78  0.81  281,463 
11/10/2022 0.79  0.82  0.75  0.78  202,921 
11/09/2022 0.76  0.80  0.75  0.77  172,765 
11/08/2022 0.81  0.84  0.74  0.79  441,482 
11/07/2022 0.84  0.87  0.79  0.82  476,973 
11/04/2022 0.79  0.85  0.78  0.83  245,700 
11/03/2022 0.86  0.87  0.79  0.82  827,700 
11/02/2022 0.98  0.98  0.88  0.89  305,540 
11/01/2022 1.00  1.00  0.95  0.96  303,354 
10/31/2022 1.01  1.01  0.95  1.00  264,905 
10/28/2022 1.02  1.05  0.98  0.99  489,905 
10/27/2022 1.01  1.02  0.97  0.99  258,447 
10/26/2022 1.02  1.10  0.98  1.00  579,448 
10/25/2022 0.99  1.05  0.98  1.00  399,491 
10/24/2022 0.99  1.03  0.95  1.00  170,403 
10/21/2022 0.98  1.02  0.94  0.98  303,838 
10/20/2022 1.06  1.09  0.98  0.98  618,154 
10/19/2022 1.00  1.04  0.95  0.97  280,100 
10/18/2022 1.04  1.05  0.96  1.00  625,500 
10/17/2022 1.06  1.09  0.98  1.00  618,154 
10/14/2022 1.03  1.05  0.95  1.00  304,977 
10/13/2022 0.99  1.02  0.94  1.01  326,221 
10/12/2022 1.00  1.01  0.88  1.00  629,100 
10/11/2022 0.99  1.01  0.96  0.98  218,263 
10/10/2022 0.99  1.02  0.96  0.99  652,904 
10/07/2022 0.91  0.99  0.90  0.96  268,227 
10/06/2022 0.99  0.99  0.90  0.94  193,089 
10/05/2022 0.95  1.00  0.94  0.97  216,100 
10/04/2022 0.94  1.03  0.91  0.96  802,179 
10/03/2022 0.87  0.97  0.87  0.89  450,576 
09/30/2022 0.89  0.91  0.86  0.86  290,450 
09/29/2022 0.87  0.91  0.84  0.88  124,816 
09/28/2022 0.85  0.91  0.82  0.89  243,813 
09/27/2022 0.83  0.89  0.82  0.86  294,865 
09/26/2022 0.82  0.90  0.80  0.82  553,315 
09/23/2022 0.85  0.87  0.82  0.84  494,609 
09/22/2022 0.92  0.94  0.83  0.87  556,949 
09/21/2022 0.99  1.00  0.87  0.93  952,748 
09/20/2022 1.00  1.01  0.95  0.98  517,324 
09/19/2022 1.04  1.07  1.00  1.00  290,730 
09/16/2022 1.09  1.09  1.04  1.06  323,581 
09/15/2022 1.08  1.12  1.07  1.07  417,900 
09/14/2022 1.03  1.13  1.03  1.08  694,171 
09/13/2022 1.05  1.06  1.01  1.03  438,025 
09/12/2022 1.07  1.11  1.04  1.07  553,800 
09/09/2022 1.03  1.09  1.03  1.07  418,867 
09/08/2022 0.98  1.10  0.97  1.01  560,392 
09/07/2022 0.94  1.02  0.91  0.98  689,301 
09/06/2022 1.08  1.08  0.94  0.98  1,164,868 

About Mereo BioPharma Stock history

Mereo BioPharma investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Mereo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Mereo BioPharma Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Mereo BioPharma historical stock prices may prove useful in developing a viable investing in Mereo BioPharma
Mereo BioPharma Group plc, a biopharmaceutical company, develops and commercializes therapeutics for the treatment of oncology and rare diseases in the United Kingdom and internationally. Mereo BioPharma Group plc was incorporated in 2015 and is based in London, the United Kingdom. Mereo Biopharma operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 49 people.

Mereo BioPharma Stock Technical Analysis

Mereo BioPharma technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Mereo BioPharma technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mereo BioPharma trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Mereo BioPharma Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Mereo stock's direction in advance. Along with the technical and fundamental analysis of Mereo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Mereo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Additionally, see Correlation Analysis. Note that the Mereo BioPharma Group information on this page should be used as a complementary analysis to other Mereo BioPharma's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Mereo Stock analysis

When running Mereo BioPharma Group price analysis, check to measure Mereo BioPharma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mereo BioPharma is operating at the current time. Most of Mereo BioPharma's value examination focuses on studying past and present price action to predict the probability of Mereo BioPharma's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Mereo BioPharma's price. Additionally, you may evaluate how the addition of Mereo BioPharma to your portfolios can decrease your overall portfolio volatility.
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Is Mereo BioPharma's industry 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 Mereo BioPharma. If investors know Mereo 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 Mereo BioPharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
94.1 M
Return On Assets
(0.21) 
Return On Equity
(0.25) 
The market value of Mereo BioPharma Group is measured differently than its book value, which is the value of Mereo that is recorded on the company's balance sheet. Investors also form their own opinion of Mereo BioPharma's value that differs from its market value or its book value, called intrinsic value, which is Mereo BioPharma's 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 Mereo BioPharma's market value can be influenced by many factors that don't directly affect Mereo BioPharma's 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 Mereo BioPharma's value and its price as these two are different measures arrived at by different means. Investors typically determine Mereo BioPharma value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mereo BioPharma's 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.