MeiraGTx Holdings plc [MGTX] stock prices are down -1.74% to $8.47 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MGTX shares have gain 12.78% over the last week, with a monthly amount glided 23.47%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, RBC Capital Mkts started tracking the stock with Outperform rating on October 23, 2020, and set its price target to $27. Piper Jaffray started tracking the stock assigning a Overweight rating and suggested a price target of $40 on September 03, 2019. Chardan Capital Markets reiterated its recommendation of a Buy and raised its price target to $40 on February 27, 2019. In a note dated July 03, 2018, Barclays initiated an Overweight rating.
The stock price of MeiraGTx Holdings plc [MGTX] has been fluctuating between $3.85 and $8.75 over the past year. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. MeiraGTx Holdings plc [NASDAQ: MGTX] shares were valued at $8.47 at the most recent close of the market. An investor can expect a potential return of 6.26% based on the average MGTX price forecast.
Analyzing the MGTX fundamentals
The MeiraGTx Holdings plc [NASDAQ:MGTX] reported sales of 34.51M for trailing twelve months, representing a surge of 176.33%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -4.88%, Pretax Profit Margin comes in at -5.14%, and Net Profit Margin reading is -5.14%. To continue investigating profitability, this company’s Return on Assets is posted at -0.75, Equity is -2.42 and Total Capital is -0.93. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.26 points at the first support level, and at 8.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.68, and for the 2nd resistance point, it is at 8.88.
Ratios To Look Out For
It’s worth pointing out that MeiraGTx Holdings plc [NASDAQ:MGTX]’s Current Ratio is 1.53. As well, the Quick Ratio is 1.51, while the Cash Ratio is 1.27. Considering the valuation of this stock, the price to sales ratio is 19.72, the price to book ratio is 20.32.
Transactions by insiders
Recent insider trading involved Forbes Alexandria, PRESIDENT & CEO, that happened on Jul 08 ’25 when 47500.0 shares were sold. Officer, Alexandria Forbes completed a deal on Jul 08 ’25 to buy 47500.0 shares. Meanwhile, CFO & COO Giroux Richard sold 24000.0 shares on Apr 22 ’25.
