Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. MeiraGTx Holdings plc’s current trading price is -28.34% away from its 52-week high, while its distance from the 52-week low is 62.86%. The stock’s price range over this period has fluctuated between $3.85 and $8.75. The company, operating within the financial sector, had a trading volume of approximately 0.81 million for the day, which was noticeably higher than the average daily share volume of 0.56 million over the last 3 months.
MeiraGTx Holdings plc experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $8.75 on 03/14/25, while the lowest price for the same period was registered at $3.85 on 09/03/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MeiraGTx Holdings plc (MGTX) has experienced a quarterly decline of -2.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 494.42M and boasts a workforce of 381 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.43, with a change in price of +0.34. Similarly, MeiraGTx Holdings plc recorded 461,007 in trading volume during the last 100 days, posting a change of +5.73%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MGTX stands at 1.25. Similarly, the long-term debt-to-equity ratio is also 1.19.
MGTX Stock Stochastic Average
Today’s raw stochastic average for MeiraGTx Holdings plc over the last 50 days is 38.31%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 47.83%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 32.51% and 25.43%, respectively.
MGTX Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 2.96%.However, over the last six months, we can see a weaker performance of 5.56%. Over the last 30 days, the price of MGTX has leaped by -17.06%. And in the last five days, it has surged by 14.42%.
