Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, MeiraGTx Holdings plc (NASDAQ: MGTX) closed at $5.68 down -7.34% from its previous closing price of $6.13. In other words, the price has decreased by -$7.34 from its previous closing price. On the day, 1.11 million shares were traded. MGTX stock price reached its highest trading level at $6.03 during the session, while it also had its lowest trading level at $5.57.
Ratios:
For a deeper understanding of MeiraGTx Holdings plc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.03 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.19.
On October 23, 2020, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $27.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 21 ’25 when Giroux Richard sold 24,000 shares for $6.29 per share. The transaction valued at 150,960 led to the insider holds 849,947 shares of the business.
Giroux Richard bought 24,000 shares of MGTX for $153,840 on Jan 21 ’25. On Jan 07 ’25, another insider, Forbes Alexandria, who serves as the PRESIDENT & CEO of the company, sold 35,839 shares for $6.47 each. As a result, the insider received 231,878 and left with 1,395,102 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, MGTX now has a Market Capitalization of 447895808 and an Enterprise Value of 429034048. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.46 while its Price-to-Book (P/B) ratio in mrq is 6.57. Its current Enterprise Value per Revenue stands at 12.892 whereas that against EBITDA is -2.834.
Stock Price History:
The Beta on a monthly basis for MGTX is 1.33, which has changed by 0.019748688 over the last 52 weeks, in comparison to a change of -0.024663687 over the same period for the S&P500. Over the past 52 weeks, MGTX has reached a high of $8.75, while it has fallen to a 52-week low of $3.85. The 50-Day Moving Average of the stock is -16.76%, while the 200-Day Moving Average is calculated to be 2.06%.
Shares Statistics:
For the past three months, MGTX has traded an average of 504.95K shares per day and 710500 over the past ten days. A total of 78.40M shares are outstanding, with a floating share count of 53.01M. Insiders hold about 32.77% of the company’s shares, while institutions hold 49.97% stake in the company. Shares short for MGTX as of 1741910400 were 1960488 with a Short Ratio of 3.88, compared to 1739491200 on 2047719. Therefore, it implies a Short% of Shares Outstanding of 1960488 and a Short% of Float of 3.4000000000000004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
