MeiraGTx Holdings plc (NASDAQ: MGTX) on Tuesday, plunged -5.18% from the previous trading day, before settling in for the closing price of $8.3. Within the past 52 weeks, MGTX’s price has moved between $4.55 and $9.73.
It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -5.10%. 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.
The extent of productivity of a business whose workforce counts for 381 workers is very important to gauge.
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 23.10.
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)
The latest stats from [MeiraGTx Holdings plc, MGTX] show that its last 5-days average volume of 0.5 million was inferior to 0.51 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 14.14%.
During the past 100 days, MeiraGTx Holdings plc’s (MGTX) raw stochastic average was set at 27.91%, which indicates a significant increase from 3.26% 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 $8.35, while its 200-day Moving Average is $7.38. Now, the first resistance to watch is $8.16. This is followed by the second major resistance level at $8.44. The third major resistance level sits at $8.61. If the price goes on to break the first support level at $7.70, it is likely to go to the next support level at $7.53. The third support level lies at $7.24 if the price breaches the second support level.
MeiraGTx Holdings plc (NASDAQ: MGTX) Key Stats
Market capitalization of the company is 633.46 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.
