Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
MeiraGTx Holdings plc (NASDAQ: MGTX) closed the day trading at $5.42 down -0.91% from the previous closing price of $5.47. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 0.76 million shares were traded.
Ratios:
For a better understanding of MGTX, let’s look at its different 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:
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 Apr 22 ’25 when Giroux Richard sold 24,000 shares for $6.00 per share. The transaction valued at 144,000 led to the insider holds 882,494 shares of the business.
Richard Giroux bought 24,000 shares of MGTX for $144,000 on Apr 22 ’25. On Apr 08 ’25, another insider, Forbes Alexandria, who serves as the PRESIDENT & CEO of the company, sold 47,500 shares for $5.34 each. As a result, the insider received 253,650 and left with 1,408,983 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 12.84 while its Price-to-Book (P/B) ratio in mrq is 6.26.
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 -16.64%, while the 200-Day Moving Average is calculated to be -5.94%.
Shares Statistics:
A total of 78.40M shares are outstanding, with a floating share count of 53.09M. Insiders hold about 32.68% of the company’s shares, while institutions hold 50.07% stake in the company.
