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MREO Stock Mereo BioPharma Group (MREO, $4.08) was a top quarterly gainer, rising +48.91%. Expect an Uptrend reversal

A.I.dvisor
at Tickeron.com
07/26/24
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MREO - Mereo BioPharma Group plc
3-month gain
Bearish Trend
Odds of DOWN Trend

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Price: $4.08
Daily change: +$0.13 (+3.29%)
Daily volume: 1.1M
3-month price change: +$1.34 (+48.91%)
Capitalization: $623.4M
Industry: Biotechnology
Mereo BioPharma Group (MREO, $4.08) was one of top quarterly gainers, jumping +4 to $4.08 per share. A.I.dvisor analyzed 873 stocks in the Biotechnology Industry over the last three months, and discovered that of them (6) charted an Uptrend while of them (3) trended down. A.I.dvisor found 317 similar cases when MREO's price went up within three months. In out of those 317 cases, MREO's price went down during the following month. Based on these historical data, A.I. thinks the odds of an Uptrend reversal for MREO are
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MREO
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General Information

a company, which engages in therapeutics that aim to improve outcomes for patients with osteogenesis imperfecta, alpha-1 antitrypsin deficiency, hypogonadotropic hypogonadism in obese men, and acute exacerbations of chronic obstructive pulmonary disease

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
One Cavendish Place
Phone
+44 3330237300
Employees
33
Web
https://www.mereobiopharma.com