Mimedx Group Inc (MDXG)’s Market Momentum: Closing Strong at 9.24, Up 1.09

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As of close of business last night, Mimedx Group Inc’s stock clocked out at $9.24, up 1.09% from its previous closing price of $9.14. In other words, the price has increased by $1.09 from its previous closing price. On the day, 1.01 million shares were traded. MDXG stock price reached its highest trading level at $9.35 during the session, while it also had its lowest trading level at $9.04.

Ratios:

To gain a deeper understanding of MDXG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.81. For the most recent quarter (mrq), Quick Ratio is recorded 3.53 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.10.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on July 02, 2024, initiated with a Overweight rating and assigned the stock a target price of $11.

On March 07, 2024, Lake Street started tracking the stock assigning a Buy rating and target price of $12.

On October 27, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $12.Craig Hallum initiated its Buy rating on October 27, 2023, with a $12 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 10 ’24 when GARDNER PHYLLIS bought 30,000 shares for $5.52 per share.

Hulse William Frank IV sold 20,381 shares of MDXG for $162,029 on Mar 13 ’24. The General Counsel and CAO now owns 479,959 shares after completing the transaction at $7.95 per share. On Feb 16 ’24, another insider, Whitlow Ricci S, who serves as the Chief Operating Officer of the company, sold 15,493 shares for $8.07 each. As a result, the insider received 125,075 and left with 416,321 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, MDXG now has a Market Capitalization of 1357780992 and an Enterprise Value of 1288000000. As of this moment, Mimedx’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.79, and their Forward P/E ratio for the next fiscal year is 29.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.96 while its Price-to-Book (P/B) ratio in mrq is 7.50. Its current Enterprise Value per Revenue stands at 3.757 whereas that against EBITDA is 19.08.

Stock Price History:

Over the past 52 weeks, MDXG has reached a high of $9.49, while it has fallen to a 52-week low of $5.47. The 50-Day Moving Average of the stock is 43.85%, while the 200-Day Moving Average is calculated to be 31.93%.

Shares Statistics:

It appears that MDXG traded 717.62K shares on average per day over the past three months and 1456860 shares per day over the past ten days. A total of 146.23M shares are outstanding, with a floating share count of 114.62M. Insiders hold about 22.00% of the company’s shares, while institutions hold 47.82% stake in the company. Shares short for MDXG as of 1730332800 were 4000033 with a Short Ratio of 5.57, compared to 1727654400 on 4076553. Therefore, it implies a Short% of Shares Outstanding of 4000033 and a Short% of Float of 3.4000000000000004.

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