MeiraGTx Holdings plc (NASDAQ: MGTX) on Tuesday, plunged -3.37% from the previous trading day, before settling in for the closing price of $8.9. Within the past 52 weeks, MGTX’s price has moved between $4.55 and $9.73.
Annual sales at Healthcare sector company slipped by -5.10% over the past five years. The company achieved an average annual earnings per share of 19.22%. With a float of $58.30 million, this company’s outstanding shares have now reached $80.48 million.
MeiraGTx Holdings plc (MGTX) Insider and Institutional Ownership
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of MeiraGTx Holdings plc is 27.58%, while institutional ownership is 56.37%. 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
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported -0.5 earnings per share (EPS) for the period topping the consensus outlook (set at -0.56) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.22% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.24% 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 0.22 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 25.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.11, a number that is poised to hit -0.57 in the next quarter and is forecasted to reach -1.08 in one year’s time.
Technical Analysis of MeiraGTx Holdings plc (MGTX)
MeiraGTx Holdings plc (NASDAQ: MGTX) saw its 5-day average volume 0.64 million, a positive change from its year-to-date volume of 0.51 million. As of the previous 9 days, the stock’s Stochastic %D was 60.19%.
During the past 100 days, MeiraGTx Holdings plc’s (MGTX) raw stochastic average was set at 56.20%, which indicates a significant increase from 56.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.56 in the past 14 days, which was higher than the 0.51 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.37, while its 200-day Moving Average is $7.34. Nevertheless, the first resistance level for the watch stands at $9.07 in the near term. At $9.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.93. If the price goes on to break the first support level at $8.21, it is likely to go to the next support level at $7.82. The third support level lies at $7.35 if the price breaches the second support level.
MeiraGTx Holdings plc (NASDAQ: MGTX) Key Stats
Market capitalization of the company is 692.22 million based on 80,491K outstanding shares. Right now, sales total 33,280 K and income totals -147,790 K. The company made 410 K in profit during its latest quarter, and -50,510 K in sales during its previous quarter.
