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After finishing at $6.13 in the prior trading day, Mimedx Group Inc (NASDAQ: MDXG) closed at $5.93, down -3.26%. In other words, the price has decreased by -$3.26 from its previous closing price. On the day, 0.52 million shares were traded. MDXG stock price reached its highest trading level at $6.16 during the session, while it also had its lowest trading level at $5.92.
Ratios:
Our goal is to gain a better understanding of MDXG by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.35. For the most recent quarter (mrq), Quick Ratio is recorded 3.22 and its Current Ratio is at 3.85. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on July 02, 2024, initiated with a Overweight rating and assigned the stock a target price of $11.
On March 07, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $12.
On October 27, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $12.Craig Hallum initiated its Buy rating on October 27, 2023, with a $12 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 13 ’24 when Hulse William Frank IV sold 20,381 shares for $7.95 per share. The transaction valued at 162,029 led to the insider holds 479,959 shares of the business.
Whitlow Ricci S sold 15,493 shares of MDXG for $125,075 on Feb 16 ’24. The Chief Operating Officer now owns 416,321 shares after completing the transaction at $8.07 per share. On Feb 20 ’24, another insider, Whitlow Ricci S, who serves as the Chief Operating Officer of the company, sold 15,271 shares for $8.01 each. As a result, the insider received 122,351 and left with 401,050 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MDXG now has a Market Capitalization of 870577280 and an Enterprise Value of 820789440. As of this moment, Mimedx’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.10, and their Forward P/E ratio for the next fiscal year is 18.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.67. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.56 while its Price-to-Book (P/B) ratio in mrq is 5.18. Its current Enterprise Value per Revenue stands at 2.411 whereas that against EBITDA is 12.276.
Stock Price History:
Over the past 52 weeks, MDXG has reached a high of $9.27, while it has fallen to a 52-week low of $5.57. The 50-Day Moving Average of the stock is -10.96%, while the 200-Day Moving Average is calculated to be -19.57%.
Shares Statistics:
The stock has traded on average 704.19K shares per day over the past 3-months and 606300 shares per day over the last 10 days, according to various share statistics. A total of 146.23M shares are outstanding, with a floating share count of 114.61M. Insiders hold about 21.94% of the company’s shares, while institutions hold 45.72% stake in the company. Shares short for MDXG as of 1724976000 were 4658425 with a Short Ratio of 6.62, compared to 1722384000 on 4845027. Therefore, it implies a Short% of Shares Outstanding of 4658425 and a Short% of Float of 3.9600000000000004.
