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How to Buy Mereo Biopharma Group Stock

Mereo Biopharma Group PLC

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 stock last closed at $2.81, up 1.08% from the previous day, and has increased 150.89% in one year. It has overperformed other stocks in the Biotechnology industry by 1.75 percentage points. Mereo Biopharma Group stock is currently +205.43% from its 52-week low of $0.92, and -35.55% from its 52-week high of $4.36.

There are currently 701.29M MREO shares outstanding. The market cap of MREO is $394.12M. In the past 24 hours, 1.03M MREO shares were traded.

How to Buy Mereo Biopharma Group Stock

Wondering how to invest in Mereo Biopharma Group stock? Here's how.
  1. Choose where to buy Mereo Biopharma Group stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Mereo Biopharma Group stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your payment method and add your details.
  4. Evaluate Mereo Biopharma Group stock: The Mereo Biopharma Group ticker symbol is MREO. Is Mereo Biopharma Group stock a good investment? Should you buy shares of MREO? How do MREO's underlying business fundamentals look? Do top analysts think Mereo Biopharma Group is a good buy? Why has MREO's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if MREO is a good stock to buy).
  5. Execute your MREO trade: Decide if you will purchase MREO shares at the current market price or use a limit order to purchase MREO shares at a specific price.
  6. Watch your investment in MREO: Create a watchlist to get the latest news on your new investment in Mereo Biopharma Group stock.

Step 1: Choose where to buy Mereo Biopharma Group stock

You will need a brokerage account in order to access the NASDAQ market and buy MREO shares.

A brokerage account enables you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal details so you can buy MREO today.

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Step 3: Deposit funds into your investment account

Now that you've finished signing up on the best stock market app, you need to deposit funds:

Watch the video below for more details depositing money into your new investment account.

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Step 4: Evaluate Mereo Biopharma Group stock

After you have decided on the best place to buy Mereo Biopharma Group stock, it's absolutely critical to evaluate their stock prior to investing, so you can understand the risk as well as the upside.

Mereo Biopharma Group quick stats

MREO Price
$2.81
1w %
6.04%
1y %
150.89%
5y %
-52.53%
P/E
-14.05x
P/B
7.8x
P/S
36.97x
PEG
N/A
Revenue
$10.00M
Earnings
-$29.47M
Fore. Rev. Growth
999.9%
Fore. Earn. Growth
N/A
Market Cap
$394.12M
Next Earnings
May 23, 2024
Next Dividend
N/A

Mereo Biopharma Group Due Diligence Checks

WallStreetZen was designed to help average investors perform more accurate fundamental analysis.

You can see all of the due diligence checks on MREO's stock page.

Is MREO stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge MREO's fair value.

Using relative valuations metrics:

  • MREO may be overvalued based on its P/B ratio of 7.8x, relative to Biotechnology industry P/B ratio of 5.8x

You can do additional valuation research on MREO's stock here.

A look at MREO Cashflows and Balance Sheet

Signs that MREO is financially healthy:

  • Total MREO debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the MREO balance sheet.
  • MREO has $57.42M in cash and short term investments. This is enough to cover its annual cash burn of $21.13M.
  • MREO has a low debt to equity ratio of 0.32.
  • MREO has cash burn of 21132000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the MREO balance sheet.

Signs that MREO is not financially healthy:

  • MREO profit margin has gone down from N/A to -294.7% in the past year.

Is it a good time to buy MREO stock, according to analysts?

Out of 2 Equities analysts who give ratings on MREO, the consensus analyst rating on Mereo Biopharma Group is a Strong Buy

Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the Mereo Biopharma Group stock forecast page.

MREO Trading Indicators

SMA10
2.71
SMA20
2.93
SMA50
3.23
SMA100
3.05
SMA200
2.3
MACD
-0.14
MACD Signal
-0.15
MACD Histogram
0.01
RSI
38.86
Stochastic %K
33.87
Stochastic %D
31.42
StochRSI %K
71.95
StochRSI %D
64.04

MREO Earnings

Last year, MREO revenue was $10.00M. In the last 2 year, MREO's revenue has gone up by -53.16% per year. This was slower than the Biotechnology industry average of 28.62%.

You can research MREO's earnings and revenue performance here.

Latest Insiders Trades at MREO

In the last year, executives and large shareholders at MREO have not bought or sold any shares.

Dig into more about who owns MREO shares here.

Can I get consistent income from MREO stock?

No, Mereo Biopharma Group doesn't provide an income stream by paying out dividends.

MREO Social Trading Data

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Execute your MREO trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually the easiest way to buy.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price limit, place a limit order.

Hit the Open Trade button and your broker will execute the order.

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Step 6: Watch your investment in MREO

Now that you own some MREO stock, you'll want to stay up-to-date on your new company.

Put MREO on a watchlist to see the latest developments about your MREO stock.

MREO Feed

How to Buy Stock in Mereo Biopharma Group

To summarize, here are the 6 steps you need to take to buy Mereo Biopharma Group stock right now:

  1. Choose where to buy Mereo Biopharma Group stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Mereo Biopharma Group stock
  5. Execute your MREO trade
  6. Watch your investment in MREO

If you require a brokerage account, eToro is our favorite venue.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep track of your investment in Mereo Biopharma Group, get started below.

NASDAQ: MREO
$2.81+0.03 (+1.08%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: MREO
$2.81+0.03 (+1.08%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Mereo Biopharma Group share?

As of Apr 25, 2024, it costs $2.81 to buy one share of Mereo Biopharma Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.356 shares of MREO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Mereo Biopharma Group stock?

According to 2 Wall Street analysts who monitor Mereo Biopharma Group, their consensus recommendation is to buy Mereo Biopharma Group stock.

What is the best way to buy Mereo Biopharma Group stock?

One way to place an order for Mereo Biopharma Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.