MeiraGTx Holdings plc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $7.60 on 12/26/23, with the lowest value being $3.85 on 09/03/24.
52-week price history of MGTX Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. MeiraGTx Holdings plc’s current trading price is -13.82% away from its 52-week high, while its distance from the 52-week low is 70.13%. The stock’s price range for this period has remained between $3.85 and $7.60. The Healthcare sector company’s shares managed to surpass a trading volume of around 0.24 million for the day, which was noticeably lower compared to the shares’ average daily volume of 0.28 million over the last three months.
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Financial Performance and Market Capitalization
MeiraGTx Holdings plc (MGTX) has experienced a quarterly rise of 56.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 511.90M and boasts a workforce of 425 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.91, with a change in price of +2.52. Similarly, MeiraGTx Holdings plc recorded 254,953 in trading volume during the last 100 days, posting a change of +62.53%.
MGTX Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MGTX stands at 0.91. Similarly, the long-term debt-to-equity ratio is also 0.86.
MGTX Stock Stochastic Average
As of today, the raw stochastic average of MeiraGTx Holdings plc over the past 50 days is 76.09%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 55.68%. Additionally, the Stochastic %K and %D values for the company were 48.83% and 38.56%, respectively, over the past 20 days.
MGTX Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. Year to date metric has recorded a loss of -6.70%.However, over the last six months, we can see a weaker performance of 31.26%. Over the last 30 days, the price of MGTX has fallen by 11.97%. And in the last five days, it has surged by 12.54%.
