Market Insight: MeiraGTx Holdings plc (MGTX)’s Notable Drop, Closing at 8.23

In the latest session, MeiraGTx Holdings plc (NASDAQ: MGTX) closed at $8.23 down -1.67% from its previous closing price of $8.37. In other words, the price has decreased by -$1.67 from its previous closing price. On the day, 0.93 million shares were traded. MGTX stock price reached its highest trading level at $8.52 during the session, while it also had its lowest trading level at $8.145.

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 1.51 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 2.44 whereas as Long-Term Debt/Eq ratio is at 2.34.

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 Jul 22 ’25 when Giroux Richard sold 24,000 shares for $8.52 per share. The transaction valued at 204,480 led to the insider holds 853,494 shares of the business.

Richard Giroux bought 24,000 shares of MGTX for $204,480 on Jul 22 ’25. On Jul 08 ’25, another insider, Forbes Alexandria, who serves as the PRESIDENT & CEO of the company, sold 47,500 shares for $7.97 each. As a result, the insider received 378,575 and left with 1,361,483 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 672657600 and an Enterprise Value of 675761920. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.17 while its Price-to-Book (P/B) ratio in mrq is 19.75. Its current Enterprise Value per Revenue stands at 19.583 whereas that against EBITDA is -4.616.

Stock Price History:

The Beta on a monthly basis for MGTX is 1.29, which has changed by 0.6727642 over the last 52 weeks, in comparison to a change of 0.17535925 over the same period for the S&P500. Over the past 52 weeks, MGTX has reached a high of $8.98, while it has fallen to a 52-week low of $3.85. The 50-Day Moving Average of the stock is 21.49%, while the 200-Day Moving Average is calculated to be 28.64%.

Shares Statistics:

For the past three months, MGTX has traded an average of 540.40K shares per day and 446650 over the past ten days. A total of 79.42M shares are outstanding, with a floating share count of 54.10M. Insiders hold about 32.68% of the company’s shares, while institutions hold 51.12% stake in the company. Shares short for MGTX as of 1752537600 were 3549393 with a Short Ratio of 6.57, compared to 1749772800 on 3669151. Therefore, it implies a Short% of Shares Outstanding of 3549393 and a Short% of Float of 6.859999999999999.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

Revenue Estimates

A total of 4 analysts believe the company’s revenue will be $6.48M this quarter.It ranges from a high estimate of $16.7M to a low estimate of $1.93M. As of the current estimate, MeiraGTx Holdings plc’s year-ago sales were $282kFor the next quarter, 4 analysts are estimating revenue of $6.85M. There is a high estimate of $16.7M for the next quarter, whereas the lowest estimate is $1.93M.

A total of 4 analysts have provided revenue estimates for MGTX’s current fiscal year. The highest revenue estimate was $108.7M, while the lowest revenue estimate was $7.7M, resulting in an average revenue estimate of $36.66M. In the same quarter a year ago, actual revenue was $33.28MBased on 4 analysts’ estimates, the company’s revenue will be $189.18M in the next fiscal year. The high estimate is $280.1M and the low estimate is $7.7M.

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