Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
The price of MeiraGTx Holdings plc (NASDAQ: MGTX) closed at $6.52 in the last session, down -1.36% from day before closing price of $6.61. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 0.64 million shares were traded. MGTX stock price reached its highest trading level at $6.75 during the session, while it also had its lowest trading level at $6.47.
Ratios:
We take a closer look at MGTX’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
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 532808544 and an Enterprise Value of 538337152. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.18 while its Price-to-Book (P/B) ratio in mrq is 15.64. Its current Enterprise Value per Revenue stands at 15.6 whereas that against EBITDA is -3.677.
Stock Price History:
The Beta on a monthly basis for MGTX is 1.24, which has changed by 0.65482235 over the last 52 weeks, in comparison to a change of 0.12632763 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 9.07%, while the 200-Day Moving Average is calculated to be 8.42%.
Shares Statistics:
According to the various share statistics, MGTX traded on average about 575.40K shares per day over the past 3-months and 417670 shares per day over the past 10 days. A total of 79.42M shares are outstanding, with a floating share count of 54.02M. Insiders hold about 32.78% of the company’s shares, while institutions hold 51.26% stake in the company. Shares short for MGTX as of 1749772800 were 3669151 with a Short Ratio of 6.38, compared to 1747267200 on 2833373. Therefore, it implies a Short% of Shares Outstanding of 3669151 and a Short% of Float of 7.090000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
