MeiraGTx Holdings plc (MGTX) concluded trading on Thursday at a closing price of $8.25, with 6.29 million shares of worth about $51.91 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 102.70% during that period and on March 13, 2025 the price saw a gain of about 28.71%. Currently the company’s common shares owned by public are about 77.70M shares, out of which, 52.54M shares are available for trading.
Stock saw a price change of 27.71% in past 5 days and over the past one month there was a price change of 29.11%. Year-to-date (YTD), MGTX shares are showing a performance of 35.47% which increased to 26.53% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.85 but also hit the highest price of $7.80 during that period. The average intraday trading volume for MeiraGTx Holdings plc shares is 316.53K. The stock is currently trading 21.10% above its 20-day simple moving average (SMA20), while that difference is up 27.11% for SMA50 and it goes to 53.34% higher than SMA200.
MeiraGTx Holdings plc (NASDAQ: MGTX) currently have 77.70M outstanding shares and institutions hold larger chunk of about 50.65% of that.
The stock has a current market capitalization of $644.76M and its 3Y-monthly beta is at 1.24. It has posted earnings per share of -$1.31 in the same period. It has Quick Ratio of 2.34 while making debt-to-equity ratio of 0.91. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MGTX, volatility over the week remained 8.25% while standing at 7.03% over the month.
Stock’s fiscal year EPS is expected to rise by 69.81% while it is estimated to increase by 292.19% in next year. EPS is likely to grow at an annualized rate of 42.17% for next 5-years, compared to annual growth of 19.75% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Chardan Capital Markets on July 31, 2024 offering a Buy rating for the stock and assigned a target price of $36 to it. Coverage by RBC Capital Mkts stated MeiraGTx Holdings plc (MGTX) stock as an Outperform in their note to investors on October 23, 2020, suggesting a price target of $27 for the stock. On September 15, 2020, BofA Securities Resumed their recommendations, while on September 03, 2019, Piper Jaffray Initiated their ratings for the stock with a price target of $40. Stock get a Buy rating from Chardan Capital Markets on February 27, 2019.
