Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, MeiraGTx Holdings plc (NASDAQ: MGTX) closed at $5.48 up 5.38% from its previous closing price of $5.20. In other words, the price has increased by $5.38 from its previous closing price. On the day, 0.8 million shares were traded.
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 Apr 08 ’25 when Forbes Alexandria sold 47,500 shares for $5.34 per share. The transaction valued at 253,650 led to the insider holds 1,408,983 shares of the business.
Forbes Alexandria bought 47,500 shares of MGTX for $251,265 on Apr 08 ’25. On Jan 21 ’25, another insider, Giroux Richard, who serves as the CFO & COO of the company, sold 24,000 shares for $6.29 each. As a result, the insider received 150,960 and left with 849,947 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 12.98 while its Price-to-Book (P/B) ratio in mrq is 6.33.
Stock Price History:
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 -18.35%, while the 200-Day Moving Average is calculated to be -2.11%.
Shares Statistics:
A total of 78.40M shares are outstanding, with a floating share count of 53.06M. Insiders hold about 32.71% of the company’s shares, while institutions hold 49.97% stake in the company.
