MeiraGTx Holdings plc (NASDAQ: MGTX) on Monday, soared 4.96% from the previous trading day, before settling in for the closing price of $8.47. Within the past 52 weeks, MGTX’s price has moved between $3.85 and $8.75.
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Healthcare Sector giant saw their annual sales slid by -5.10% over the last five years. The company achieved an average annual earnings per share of 57.08%. With a float of $54.08 million, this company’s outstanding shares have now reached $79.42 million.
The firm has a total of 381 workers. Let’s measure their productivity. 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
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 51.26%. The most recent insider transaction that took place on Jul 08 ’25, was worth 378,575. In this transaction PRESIDENT & CEO of this company sold 47,500 shares at a rate of $7.97, taking the stock ownership to the 1,361,483 shares. Before that another transaction happened on Jul 08 ’25, when Company’s Officer proposed sale 47,500 for $7.97, making the entire transaction worth $378,575.
MeiraGTx Holdings plc (MGTX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 57.08% 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
MeiraGTx Holdings plc (MGTX) is currently performing well based on its current performance indicators. A quick ratio of 1.51 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 20.70.
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 -0.24 in one year’s time.
Technical Analysis of MeiraGTx Holdings plc (MGTX)
Analysing the last 5-days average volume posted by the [MeiraGTx Holdings plc, MGTX], we can find that recorded value of 0.84 million was better than the volume posted last year of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 94.03%.
During the past 100 days, MeiraGTx Holdings plc’s (MGTX) raw stochastic average was set at 99.31%, which indicates a significant increase from 98.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.45 in the past 14 days, which was lower than the 0.46 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.24, while its 200-day Moving Average is $6.18. Now, the first resistance to watch is $9.08. This is followed by the second major resistance level at $9.27. The third major resistance level sits at $9.62. If the price goes on to break the first support level at $8.54, it is likely to go to the next support level at $8.19. Should the price break the second support level, the third support level stands at $8.00.
MeiraGTx Holdings plc (NASDAQ: MGTX) Key Stats
Market capitalization of the company is 714.45 million based on 80,365K outstanding shares. Right now, sales total 33,280 K and income totals -147,790 K. The company made 1,930 K in profit during its latest quarter, and -39,980 K in sales during its previous quarter.
