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NASDAQ:MRSNMersana Therapeutics Stock Price, Forecast & News

$5.24
-0.14 (-2.60 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$5.00
Now: $5.24
$5.40
50-Day Range
$4.41
MA: $7.08
$9.28
52-Week Range
$1.32
Now: $5.24
$9.57
Volume378,280 shs
Average Volume555,498 shs
Market Capitalization$238.05 million
P/E RatioN/A
Dividend YieldN/A
Beta1.71
Mersana Therapeutics, Inc., a clinical stage biopharmaceutical company focusing on the development of antibody drug conjugate (ADC) for cancer patients with unmet need. The company develops Dolaflexin, a platform, which is used to generate a pipeline of proprietary ADC product candidates to address patient populations that are not amenable to treat with traditional ADC-based therapies. Its lead product candidate is XMT-1536, a Dolaflexin ADC targeting NaPi2b that is in Phase I clinical trial for the treatment of patients with ovarian cancer, non small cell lung cancer, and other orphan indications. Mersana Therapeutics, Inc. has a strategic research and development partnerships with Merck KGaA and Asana BioSciences, LLC for the development of ADC product candidates utilizing Fleximer. The company was formerly known as Nanopharma Corp. and changed its name to Mersana Therapeutics, Inc. in November 2005. Mersana Therapeutics, Inc. was incorporated in 2001 and is based in Cambridge, Massachusetts.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.64 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:MRSN
CUSIPN/A
Phone617-498-0020

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$42.12 million
Book Value$1.64 per share

Profitability

Net Income$-28,210,000.00

Miscellaneous

Employees86
Market Cap$238.05 million
Next Earnings Date5/14/2020 (Estimated)
OptionableNot Optionable

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Mersana Therapeutics (NASDAQ:MRSN) Frequently Asked Questions

How has Mersana Therapeutics' stock been impacted by COVID-19 (Coronavirus)?

Mersana Therapeutics' stock was trading at $6.46 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MRSN stock has decreased by 18.9% and is now trading at $5.24. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mersana Therapeutics?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mersana Therapeutics in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mersana Therapeutics.

When is Mersana Therapeutics' next earnings date?

Mersana Therapeutics is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Mersana Therapeutics.

How were Mersana Therapeutics' earnings last quarter?

Mersana Therapeutics Inc (NASDAQ:MRSN) issued its earnings results on Friday, February, 28th. The company reported ($0.34) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.38) by $0.04. The firm had revenue of $0.04 million for the quarter, compared to analysts' expectations of $0.50 million. Mersana Therapeutics had a negative return on equity of 27.93% and a negative net margin of 66.97%. View Mersana Therapeutics' earnings history.

What price target have analysts set for MRSN?

2 analysts have issued 1 year price targets for Mersana Therapeutics' stock. Their forecasts range from $13.00 to $13.00. On average, they expect Mersana Therapeutics' share price to reach $13.00 in the next twelve months. This suggests a possible upside of 148.1% from the stock's current price. View analysts' price targets for Mersana Therapeutics.

Has Mersana Therapeutics been receiving favorable news coverage?

Press coverage about MRSN stock has trended very negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Mersana Therapeutics earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutMersana Therapeutics.

Are investors shorting Mersana Therapeutics?

Mersana Therapeutics saw a drop in short interest during the month of March. As of March 13th, there was short interest totaling 2,438,200 shares, a drop of 5.1% from the February 27th total of 2,570,000 shares. Based on an average daily trading volume, of 402,000 shares, the short-interest ratio is presently 6.1 days. Approximately 7.8% of the shares of the company are short sold. View Mersana Therapeutics' Current Options Chain.

Who are some of Mersana Therapeutics' key competitors?

What other stocks do shareholders of Mersana Therapeutics own?

Who are Mersana Therapeutics' key executives?

Mersana Therapeutics' management team includes the following people:
  • Ms. Anna Protopapas, Pres, CEO & Director (Age 55)
  • Mr. David A. Spellman, Chief Financial Officer (Age 42)
  • Dr. Timothy B. Lowinger, Sr. VP & Chief Scientific Officer (Age 55)
  • Mr. Mikhail Papisov Ph.D., Co-Founder
  • Ms. Sarah Carmody, Exec. Director of Investor Relations & Corp. Communications

When did Mersana Therapeutics IPO?

(MRSN) raised $75 million in an IPO on Wednesday, June 28th 2017. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan, Cowen and Leerink Partners acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

What is Mersana Therapeutics' stock symbol?

Mersana Therapeutics trades on the NASDAQ under the ticker symbol "MRSN."

How do I buy shares of Mersana Therapeutics?

Shares of MRSN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Mersana Therapeutics' stock price today?

One share of MRSN stock can currently be purchased for approximately $5.24.

How big of a company is Mersana Therapeutics?

Mersana Therapeutics has a market capitalization of $238.05 million and generates $42.12 million in revenue each year. The company earns $-28,210,000.00 in net income (profit) each year or ($0.65) on an earnings per share basis. Mersana Therapeutics employs 86 workers across the globe. View additional information about Mersana Therapeutics.

What is Mersana Therapeutics' official website?

The official website for Mersana Therapeutics is http://www.mersana.com/.

How can I contact Mersana Therapeutics?

Mersana Therapeutics' mailing address is 840 MEMORIAL DRIVE, CAMBRIDGE MA, 02139. The company can be reached via phone at 617-498-0020 or via email at [email protected]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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