MREO Stock Summary and Trading Ideas (Mereo Biopharma Group PLC - American Depositary Shares | NASDAQ:MREO)

Mereo BioPharma Group PLC is a United Kingdom (U.K.) based biopharmaceutical company focused on the development of therapeutics for rare diseases. The company has developed a portfolio of late-stage clinical product candidates, and its two rare disease product candidates are setrusumab for the treatment of osteogenesis imperfecta (OI) and alvelestat primarily for the treatment of severe alpha-1 antitrypsin deficiency-associated lung disease (AATD-LD).

Mereo Biopharma Group PLC - American Depositary Shares trades on the NASDAQ stock market under the symbol MREO.

As of February 27, 2026, MREO stock price declined to $0.37 with 1,697,819 million shares trading.

MREO has a beta of 1.66, meaning it tends to be more sensitive to market movements. MREO has a correlation of 0.03 to the broad based SPY ETF.

MREO has a market cap of $58.93 million. This is considered a Micro Cap stock.

Last quarter Mereo Biopharma Group PLC - American Depositary Shares reported $0 in Revenue and -$.01 earnings per share. This fell short of revenue expectation by $-16 million and met earnings estimates .

In the last 3 years, MREO traded as high as $5.02 and as low as $.20.

The top ETF exchange traded funds that MREO belongs to (by Net Assets): IDNA, GWX.

MREO has underperformed the market in the last year with a price return of -84.9% while the SPY ETF gained +18.5%. MREO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -79.9% and -0.3%, respectively, while the SPY returned +1.2% and +0.6%, respectively.

MREO support price is $.36 and resistance is $.41 (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 MREO shares will trade within this expected range on the day.