A major move is in the offing as Metagenomi Inc (MGX) market cap hits 71.40 million

Metagenomi Inc (NASDAQ: MGX) kicked off on Tuesday, up 13.02% from the previous trading day, before settling in for the closing price of $1.69. Over the past 52 weeks, MGX has traded in a range of $1.23-$5.50.

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While this was happening, its average annual earnings per share was recorded -3.60%. With a float of $21.80 million, this company’s outstanding shares have now reached $37.38 million.

Let’s determine the extent of company efficiency that accounts for 202 employees. In terms of profitability, gross margin is 100.0%, operating margin of -193.73%, and the pretax margin is -184.18%.

Metagenomi Inc (MGX) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Metagenomi Inc is 41.67%, while institutional ownership is 25.44%. The most recent insider transaction that took place on Jun 06 ’25, was worth 348. In this transaction an insider of this company sold 199 shares at a rate of $1.75, taking the stock ownership to the 16,693 shares. Before that another transaction happened on Jun 06 ’25, when Company’s Chief Medical Officer sold 5,239 for $1.75, making the entire transaction worth $9,168. This insider now owns 109,135 shares in total.

Metagenomi Inc (MGX) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -3.60% per share during the next fiscal year.

Metagenomi Inc (NASDAQ: MGX) Trading Performance Indicators

Take a look at Metagenomi Inc’s (MGX) current performance indicators. Last quarter, stock had a quick ratio of 5.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.58.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.10, a number that is poised to hit -0.62 in the next quarter and is forecasted to reach -2.08 in one year’s time.

Technical Analysis of Metagenomi Inc (MGX)

Looking closely at Metagenomi Inc (NASDAQ: MGX), its last 5-days average volume was 0.58 million, which is a drop from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 86.43%.

During the past 100 days, Metagenomi Inc’s (MGX) raw stochastic average was set at 42.77%, which indicates a significant decrease from 96.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1346 in the past 14 days, which was lower than the 0.1394 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.5999, while its 200-day Moving Average is $2.1174. However, in the short run, Metagenomi Inc’s stock first resistance to watch stands at $1.9967. Second resistance stands at $2.0833. The third major resistance level sits at $2.2367. If the price goes on to break the first support level at $1.7567, it is likely to go to the next support level at $1.6033. Should the price break the second support level, the third support level stands at $1.5167.

Metagenomi Inc (NASDAQ: MGX) Key Stats

The company with the Market Capitalisation of 71.40 million has total of 37,381K Shares Outstanding. Its annual sales at the moment are 52,300 K in contrast with the sum of -78,060 K annual income. Company’s last quarter sales were recorded 4,130 K and last quarter income was -25,040 K.

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