Mereo BioPharma Group plc (MPH.L) (LON:MPH) Shares Down 1.9%

Mereo BioPharma Group plc (MPH.L) (LON:MPHGet Free Report) was down 1.9% during trading on Monday . The stock traded as low as GBX 26 ($0.33) and last traded at GBX 26.50 ($0.34). 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 ($0.35).

Mereo BioPharma Group plc (MPH.L) Stock Performance

The stock has a market cap of £89.76 million and a P/E ratio of -0.21. The company has a fifty day moving average price of GBX 26.50 and a 200 day moving average price of GBX 26.50. The company has a debt-to-equity ratio of 164.26, a current ratio of 2.98 and a quick ratio of 2.92.

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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