Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant gain of 83.17% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 27.50%. Over the past 30 days, the price of MGTX has fallen by 35.56%. And in the last five days, it has surged by 12.59%.
In terms of market performance, MeiraGTx Holdings plc had a somewhat regular. The highest value for the stock in the past year was $8.75 on 03/14/25, while the lowest value was $3.85 on 09/03/24.
52-week price history of MGTX Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. MeiraGTx Holdings plc’s current trading price is -14.17% away from its 52-week high, while its distance from the 52-week low is 95.06%. The stock’s price range for this period has been between $3.85 and $8.75. The Healthcare sector company’s shares saw a trading volume of about 0.45 million for the day, which was lower than the average daily volume of 0.57 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
MeiraGTx Holdings plc (MGTX) has experienced a quarterly rise of 18.08% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 603.55M and boasts a workforce of 381 employees.
How Moving Averages and Trading Volume Data Work Together
MGTX’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for MGTX stands at 2.44. Similarly, the long-term debt-to-equity ratio is also 2.34.
