MESO Stock Summary and Trading Ideas (Mesoblast Limited - American Depositary Shares | NASDAQ:MESO)

Mesoblast Ltd is a biotechnology company. It uses its proprietary technology platform to develop and commercialize allogeneic cellular medicines to treat complex diseases resistant to conventional standards of care and where inflammation plays a central role. The company's product candidates include; Ryoncil (remestemcel-L) for the treatment of steroid refractory acute graft versus host disease as well as for the treatment of moderate to severe acute respiratory distress syndrome; Revascor (rexlemestrocel-L) for the treatment of chronic heart failure; and Rexlemestrocel-L for chronic low back pain. The company is managed as one operating segment, being the development of cell technology platform for commercialization.

Mesoblast Limited - American Depositary Shares trades on the NASDAQ stock market under the symbol MESO.

As of March 3, 2025, MESO stock price declined to $15.34 with 367,205 million shares trading.

MESO has a beta of 1.23, meaning it tends to be more sensitive to market movements. MESO has a correlation of 0.02 to the broad based SPY ETF.

MESO has a market cap of $1.95 billion. This is considered a Small Cap stock.

In the last 3 years, MESO traded as high as $22.00 and as low as $1.61.

The top ETF exchange traded funds that MESO belongs to (by Net Assets): IBB, APIE, BIB, IBBQ.

MESO has outperformed the market in the last year with a return of +634.0%, while the SPY ETF gained +18.7%. In the last 3 month period, MESO beat the market returning +32.5%, while SPY returned -0.5%. However, in the most recent 2 weeks MESO has underperformed the stock market by returning -14.3%, while SPY returned -2.6%.

MESO support price is $16.41 and resistance is $17.89 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MESO shares will trade within this expected range on the day.