With 2.47 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.05 million shares. The 52-week range on MRSN shows that it touched its highest point at $2.88 and its lowest point at $0.26 during that stretch. It currently has a 1-year price target of $4.57. Beta for the stock currently stands at 0.90.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MRSN was down-trending over the past week, with a drop of -1.21%, but this was up by 37.95% over a month. Three-month performance dropped to -48.49% while six-month performance fell -84.59%. The stock lost -89.39% in the past year, while it has lost -74.78% so far this year. A look at the trailing 12-month EPS for MRSN yields -0.57 with Next year EPS estimates of -0.66. For the next quarter, that number is -0.19. This implies an EPS growth rate of -26.05% for this year and 7.00% for next year. EPS is expected to decline by -11.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.74%.
Float and Shares Shorts:
At present, 115.65 million MRSN shares are outstanding with a float of 85.81 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MRSN since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.54975 being high and -$0.66969 being low. For MRSN, this leads to a yearly average estimate of -$0.60972.
