Mereo BioPharma Group plc (MPH.L) (LON:MPH) Trading Down 1.9% – Here’s What Happened

Mereo BioPharma Group plc (MPH.L) (LON:MPHGet Free Report)’s share price was down 1.9% on Friday . The company traded as low as GBX 26 ($0.33) and last traded at GBX 26.50 ($0.33). Approximately 49,264 shares traded hands during trading, a decline of 85% from the average daily volume of 333,975 shares. The stock had previously closed at GBX 27 ($0.34).

Mereo BioPharma Group plc (MPH.L) Stock Performance

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

About Mereo BioPharma Group plc (MPH.L)

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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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