Eye Catching Stock: MEI Pharma (NASDAQ:MEIP)

MEI Pharma (NASDAQ:MEIP) changed 0.00% to recent value of $1.69. The stock transacted 209510 shares during most recent day however it has an average volume of 478.21K shares. It spotted trading -64.79% off 52-week high price. On the other end, the stock has been noted 17.36% away from the low price over the last 52-weeks.

On Aug.21, 2019, MEI Pharma (NASDAQ:MEIP) a late-stage pharmaceutical company focused on advancing new therapies for cancer, declared that the Company will release its 2019 fiscal year end financial results after the close of the U.S. financial markets on August 28, 2019. The Company will host a conference call and live webcast with the investment community to provide a corporate update the same day at 5:00 p.m. ET.

 MEIP has a gross margin of 1.50%.Its earnings per share (EPS) expected to touch remained 19.60% for this year while earning per share for the next 5-years is expected to reach at -0.10%.

 The company has 71.2M of outstanding shares and 70.89M shares were floated in the market. According to the most recent quarter its current ratio was 7.2 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.86% from the mean of 20 days, -16.96% from mean of 50 days SMA and performed -36.77% from mean of 200 days price. Company’s performance for the week was 7.64%, -0.59% for month and YTD performance remained -35.98%.

Timothy Bowers is a stock trader and Analyst writer. His current focus is top trending News. He scans the wall street market and then cover the top trending stock. In addition to content writing, Timothy is an SEO Expert and Digital marketer. He has the expertise to deliver a wide range of projects and the experience to understand the quality of work required.

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