A share price of MeiraGTx Holdings plc [MGTX] is currently trading at $6.86, up 8.54%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MGTX shares have gain 23.83% over the last week, with a monthly amount glided 26.57%, 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.
MeiraGTx Holdings plc experienced fluctuations in its stock price throughout the past year between $3.85 and $8.75. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. MeiraGTx Holdings plc [NASDAQ: MGTX] shares were valued at $6.86 at the most recent close of the market. An investor can expect a potential return of 31.2% based on the average MGTX price forecast.
Analyzing the MGTX fundamentals
Trailing Twelve Months sales for MeiraGTx Holdings plc [NASDAQ:MGTX] were 34.51M which represents 176.33% growth. 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.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MeiraGTx Holdings plc [NASDAQ:MGTX] is 1.53. Also, the Quick Ratio is 1.51, while the Cash Ratio stands at 1.27. Considering the valuation of this stock, the price to sales ratio is 15.98, the price to book ratio is 16.46.
Transactions by insiders
Recent insider trading involved Giroux Richard, CFO & COO, that happened on Apr 22 ’25 when 24000.0 shares were sold. Officer, Richard Giroux completed a deal on Apr 22 ’25 to buy 24000.0 shares. Meanwhile, PRESIDENT & CEO Forbes Alexandria sold 47500.0 shares on Apr 08 ’25.
