MeiraGTx Holdings plc (NASDAQ: MGTX) kicked off on Friday, down -4.48% from the previous trading day, before settling in for the closing price of $5.36. 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 20.15%. While this was happening, its average annual earnings per share was recorded 62.26%. With a float of $54.10 million, this company’s outstanding shares have now reached $79.42 million.
Let’s determine the extent of company efficiency that accounts for 381 employees. In terms of profitability, gross margin is 32.8%, operating margin of -488.11%, and the pretax margin is -513.57%.
MeiraGTx Holdings plc (MGTX) Insider Activity
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 51.29%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 62.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.68% 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 1.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.31, a number that is poised to hit -0.47 in the next quarter and is forecasted to reach 0.11 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 0.47 million, which is a drop from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 56.42%. Additionally, its Average True Range was 0.40.
During the past 100 days, MeiraGTx Holdings plc’s (MGTX) raw stochastic average was set at 13.57%, which indicates a significant decrease from 46.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.24% in the past 14 days, which was higher than the 80.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.00, while its 200-day Moving Average is $5.80. However, in the short run, MeiraGTx Holdings plc’s stock first resistance to watch stands at $5.31. Second resistance stands at $5.50. The third major resistance level sits at $5.64. If the price goes on to break the first support level at $4.98, it is likely to go to the next support level at $4.83. Should the price break the second support level, the third support level stands at $4.64.
MeiraGTx Holdings plc (NASDAQ: MGTX) Key Stats
The company with the Market Capitalisation of 411.47 million has total of 80,365K 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 1,930 K and last quarter income was -39,980 K.
