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, mainly 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 April 17, 2026, MREO stock price climbed to $0.34 with 1,908,681 million shares trading.

MREO has a beta of 2.61, meaning it tends to be more sensitive to market movements. MREO has a correlation of 0.04 to the broad based SPY ETF.

MREO has a market cap of $53.73 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 $-5 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, BBC.

MREO has underperformed the market in the last year with a price return of -85.4% while the SPY ETF gained +36.3%. MREO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -47.4% and +5.2%, respectively, while the SPY returned +2.9% and +8.3%, respectively.

MREO support price is $.31 and resistance is $.34 (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.