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Metsera (NASDAQ:MTSR) Trading Down 12.6% - What's Next?

Metsera logo with Medical background
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Shares of Metsera, Inc. (NASDAQ:MTSR - Get Free Report) fell 12.6% on Wednesday . The stock traded as low as $12.40 and last traded at $12.42. 285,175 shares changed hands during trading, a decline of 62% from the average session volume of 747,144 shares. The stock had previously closed at $14.21.

Wall Street Analyst Weigh In

MTSR has been the topic of a number of recent analyst reports. Guggenheim began coverage on Metsera in a research report on Tuesday, February 25th. They issued a "buy" rating and a $56.00 target price on the stock. Bank of America started coverage on shares of Metsera in a research note on Tuesday, February 25th. They issued a "buy" rating and a $38.00 price target on the stock. Cantor Fitzgerald began coverage on shares of Metsera in a research report on Tuesday, February 25th. They set an "overweight" rating for the company. Finally, Evercore ISI began coverage on shares of Metsera in a research report on Tuesday, February 25th. They issued an "outperform" rating on the stock.

Check Out Our Latest Report on Metsera

Metsera Price Performance

The stock has a fifty day moving average price of $25.74.

Metsera (NASDAQ:MTSR - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The company reported ($3.52) earnings per share (EPS) for the quarter.

Metsera Company Profile

(Get Free Report)

Metsera, Inc is a clinical stage biopharmaceutical company, which engages in the development of a next-generation injectable and oral nutrient stimulated hormone, or NuSH, analog peptides to treat obesity, overweight and related conditions. Its product pipeline includes MET-097i, MET-233, and MET-224o.

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