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The closing price of Madrigal Pharmaceuticals Inc (NASDAQ: MDGL) was $337.61 for the day, up 1.90% from the previous closing price of $331.32. In other words, the price has increased by $1.90 from its previous closing price. On the day, 0.77 million shares were traded. MDGL stock price reached its highest trading level at $337.63 during the session, while it also had its lowest trading level at $316.665.
Ratios:
Our analysis of MDGL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.93 and its Current Ratio is at 5.98. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.15.
On June 11, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $382.
On April 22, 2024, BofA Securities started tracking the stock assigning a Underperform rating and target price of $150.BofA Securities initiated its Underperform rating on April 22, 2024, with a $150 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 01 ’24 when Levy Richard S sold 5,000 shares for $300.94 per share. The transaction valued at 1,504,703 led to the insider holds 11,012 shares of the business.
RICHARD S LEVY bought 5,000 shares of MDGL for $1,296,700 on Nov 01 ’24. On Sep 09 ’24, another insider, Sibold William John, who serves as the President and CEO of the company, sold 6,363 shares for $243.83 each. As a result, the insider received 1,551,490 and left with 55,887 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, MDGL now has a Market Capitalization of 7363408896 and an Enterprise Value of 6483925504. For the stock, the TTM Price-to-Sale (P/S) ratio is 95.87 while its Price-to-Book (P/B) ratio in mrq is 9.47. Its current Enterprise Value per Revenue stands at 84.412 whereas that against EBITDA is -11.85.
Stock Price History:
Over the past 52 weeks, MDGL has reached a high of $337.44, while it has fallen to a 52-week low of $133.99. The 50-Day Moving Average of the stock is 46.33%, while the 200-Day Moving Average is calculated to be 39.46%.
Shares Statistics:
MDGL traded an average of 348.83K shares per day over the past three months and 768030 shares per day over the past ten days. A total of 19.88M shares are outstanding, with a floating share count of 18.15M. Insiders hold about 16.76% of the company’s shares, while institutions hold 102.09% stake in the company. Shares short for MDGL as of 1728950400 were 4051836 with a Short Ratio of 11.62, compared to 1726185600 on 3728767. Therefore, it implies a Short% of Shares Outstanding of 4051836 and a Short% of Float of 26.669999999999998.
