MeiraGTx Holdings plc (NASDAQ: MGTX) on Tuesday, soared 10.97% from the previous trading day, before settling in for the closing price of $5.65. Within the past 52 weeks, MGTX’s price has moved between $3.85 and $8.75.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 45.41%. The company achieved an average annual earnings per share of 101.13%. With a float of $53.06 million, this company’s outstanding shares have now reached $78.40 million.
The extent of productivity of a business whose workforce counts for 381 workers is very important to gauge. In terms of profitability, gross margin is 28.51%, operating margin of -493.44%, and the pretax margin is -444.1%.
MeiraGTx Holdings plc (MGTX) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of MeiraGTx Holdings plc is 32.71%, while institutional ownership is 50.02%. The most recent insider transaction that took place on Apr 22 ’25, was worth 144,000. In this transaction CFO & COO of this company sold 24,000 shares at a rate of $6.00, taking the stock ownership to the 882,494 shares. Before that another transaction happened on Apr 22 ’25, when Company’s Officer proposed sale 24,000 for $6.00, making the entire transaction worth $144,000.
MeiraGTx Holdings plc (MGTX) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 101.13% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.18% during the next five years compared to -5.10% drop over the previous five years of trading.
MeiraGTx Holdings plc (NASDAQ: MGTX) Trading Performance Indicators
MeiraGTx Holdings plc (MGTX) is currently performing well based on its current performance indicators. A quick ratio of 2.03 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.13, a number that is poised to hit -0.49 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of MeiraGTx Holdings plc (MGTX)
The latest stats from [MeiraGTx Holdings plc, MGTX] show that its last 5-days average volume of 0.44 million was inferior to 0.52 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 70.23%. Additionally, its Average True Range was 0.54.
During the past 100 days, MeiraGTx Holdings plc’s (MGTX) raw stochastic average was set at 38.31%, which indicates a significant decrease from 82.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 82.55% in the past 14 days, which was higher than the 74.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.61, while its 200-day Moving Average is $5.64. Now, the first resistance to watch is $6.55. This is followed by the second major resistance level at $6.83. The third major resistance level sits at $7.29. If the price goes on to break the first support level at $5.81, it is likely to go to the next support level at $5.35. The third support level lies at $5.07 if the price breaches the second support level.
MeiraGTx Holdings plc (NASDAQ: MGTX) Key Stats
Market capitalization of the company is 494.42 million based on 78,855K outstanding shares. Right now, sales total 33,280 K and income totals -147,790 K. The company made 21,390 K in profit during its latest quarter, and -39,400 K in sales during its previous quarter.
