Madrigal Pharmaceuticals Inc (NASDAQ: MDGL) kicked off on Friday, down -4.66% from the previous trading day, before settling in for the closing price of $302.67. Over the past 52 weeks, MDGL has traded in a range of $154.81-$368.29.
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While this was happening, its average annual earnings per share was recorded -20.83%. With a float of $18.24 million, this company’s outstanding shares have now reached $19.88 million.
Let’s look at the performance matrix of the company that is accounted for 376 employees. In terms of profitability, gross margin is 95.66%, operating margin of -706.41%, and the pretax margin is -668.54%.
Madrigal Pharmaceuticals Inc (MDGL) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Madrigal Pharmaceuticals Inc is 16.39%, while institutional ownership is 104.32%. The most recent insider transaction that took place on Nov 07 ’24, was worth 1,750,000. In this transaction Director of this company sold 5,000 shares at a rate of $350.00, taking the stock ownership to the 11,012 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Director proposed sale 5,000 for $338.22, making the entire transaction worth $1,691,100.
Madrigal Pharmaceuticals Inc (MDGL) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -5.68 earnings per share (EPS), lower than consensus estimate (set at -5.34) by -0.34. Wall Street market experts anticipate that the next fiscal year will bring earnings of -3.84 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -20.83% per share during the next fiscal year.
Madrigal Pharmaceuticals Inc (NASDAQ: MDGL) Trading Performance Indicators
Take a look at Madrigal Pharmaceuticals Inc’s (MDGL) current performance indicators. Last quarter, stock had a quick ratio of 5.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 78.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -25.07, a number that is poised to hit -4.51 in the next quarter and is forecasted to reach -13.58 in one year’s time.
Technical Analysis of Madrigal Pharmaceuticals Inc (MDGL)
Madrigal Pharmaceuticals Inc (NASDAQ: MDGL) saw its 5-day average volume 0.51 million, a positive change from its year-to-date volume of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 22.13%. Additionally, its Average True Range was 17.75.
During the past 100 days, Madrigal Pharmaceuticals Inc’s (MDGL) raw stochastic average was set at 52.46%, which indicates a significant increase from 48.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 123.63% in the past 14 days, which was higher than the 61.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $243.84, while its 200-day Moving Average is $246.25. Nevertheless, the first resistance level for the watch stands at $303.67 in the near term. At $318.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $334.24. If the price goes on to break the first support level at $273.10, it is likely to go to the next support level at $257.63. The third support level lies at $242.53 if the price breaches the second support level.
Madrigal Pharmaceuticals Inc (NASDAQ: MDGL) Key Stats
The company with the Market Capitalisation of 6.00 billion has total of 21,810K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -373,630 K annual income. Company’s last quarter sales were recorded 62,180 K and last quarter income was -106,960 K.
