MeiraGTx Holdings plc (NASDAQ: MGTX) kicked off on Monday, down -11.03% from the previous trading day, before settling in for the closing price of $7.25. Over the past 52 weeks, MGTX has traded in a range of $3.85-$8.75.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 45.41%. While this was happening, its average annual earnings per share was recorded 101.13%. With a float of $53.09 million, this company’s outstanding shares have now reached $78.40 million.
Let’s determine the extent of company efficiency that accounts for 381 employees. 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) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of MeiraGTx Holdings plc is 32.68%, while institutional ownership is 50.24%. 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) Recent Fiscal highlights
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
Take a look at MeiraGTx Holdings plc’s (MGTX) current performance indicators. Last quarter, stock had a quick ratio of 2.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.28.
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)
Looking closely at MeiraGTx Holdings plc (NASDAQ: MGTX), its last 5-days average volume was 0.58 million, which is a jump from its year-to-date volume of 0.52 million. As of the previous 9 days, the stock’s Stochastic %D was 67.21%. Additionally, its Average True Range was 0.48.
During the past 100 days, MeiraGTx Holdings plc’s (MGTX) raw stochastic average was set at 42.79%, which indicates a significant decrease from 53.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 71.77% in the past 14 days, which was lower than the 74.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.63, while its 200-day Moving Average is $5.74. However, in the short run, MeiraGTx Holdings plc’s stock first resistance to watch stands at $7.08. Second resistance stands at $7.72. The third major resistance level sits at $8.13. If the price goes on to break the first support level at $6.03, it is likely to go to the next support level at $5.62. Now, if the price goes above the second support level, the third support stands at $4.98.
MeiraGTx Holdings plc (NASDAQ: MGTX) Key Stats
The company with the Market Capitalisation of 508.61 million has total of 79,951K Shares Outstanding. Its annual sales at the moment are 33,280 K in contrast with the sum of -147,790 K annual income. Company’s last quarter sales were recorded 21,390 K and last quarter income was -39,400 K.