On Tuesday, MeiraGTx Holdings plc (NASDAQ: MGTX) opened higher 4.40% from the last session, before settling in for the closing price of $8.87. Price fluctuations for MGTX have ranged from $4.55 to $9.44 over the past 52 weeks.
A company in the Healthcare sector has dropped its sales by -5.10% annually for the last half of the decade. Company’s average yearly earnings per share was noted 46.70% at the time writing. With a float of $57.60 million, this company’s outstanding shares have now reached $80.45 million.
MeiraGTx Holdings plc (MGTX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of MeiraGTx Holdings plc is 28.41%, while institutional ownership is 56.66%. The most recent insider transaction that took place on Oct 21 ’25, was worth 212,880. In this transaction CFO & COO of this company sold 24,000 shares at a rate of $8.87, taking the stock ownership to the 829,494 shares. Before that another transaction happened on Oct 21 ’25, when Company’s Officer proposed sale 24,000 for $8.87, making the entire transaction worth $212,880.
MeiraGTx Holdings plc (MGTX) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.55 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.52) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 46.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.66% 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
Check out the current performance indicators for MeiraGTx Holdings plc (MGTX). In the past quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 19.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.04, a number that is poised to hit -0.49 in the next quarter and is forecasted to reach -0.28 in one year’s time.
Technical Analysis of MeiraGTx Holdings plc (MGTX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.41 million. That was inferior than the volume of 0.49 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.53%.
During the past 100 days, MeiraGTx Holdings plc’s (MGTX) raw stochastic average was set at 94.12%, which indicates a significant increase from 88.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.66 in the past 14 days, which was higher than the 0.44 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.99, while its 200-day Moving Average is $7.03. However, in the short run, MeiraGTx Holdings plc’s stock first resistance to watch stands at $9.59. Second resistance stands at $9.92. The third major resistance level sits at $10.33. If the price goes on to break the first support level at $8.84, it is likely to go to the next support level at $8.42. The third support level lies at $8.09 if the price breaches the second support level.
MeiraGTx Holdings plc (NASDAQ: MGTX) Key Stats
There are currently 80,447K shares outstanding in the company with a market cap of 744.94 million. Presently, the company’s annual sales total 33,280 K according to its annual income of -147,790 K. Last quarter, the company’s sales amounted to 3,690 K and its income totaled -38,800 K.
