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EDIT
Price
$2.66
Change
-$0.11 (-3.97%)
Updated
Nov 15 closing price
101 days until earnings call
MGTX
Price
$6.48
Change
-$0.16 (-2.41%)
Updated
Nov 15 closing price
115 days until earnings call
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EDIT vs MGTX

Header iconEDIT vs MGTX Comparison
Open Charts EDIT vs MGTXBanner chart's image
Editas Medicine
Price$2.66
Change-$0.11 (-3.97%)
Volume$2.5M
CapitalizationN/A
MeiraGTx Holdings
Price$6.48
Change-$0.16 (-2.41%)
Volume$371.46K
CapitalizationN/A
EDIT vs MGTX Comparison Chart
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EDIT
Daily Signalchanged days ago
Gain/Loss if shorted
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MGTX
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
EDIT vs. MGTX commentary
Nov 18, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is EDIT is a StrongSell and MGTX is a Sell.

COMPARISON
Comparison
Nov 18, 2024
Stock price -- (EDIT: $2.66 vs. MGTX: $6.48)
Brand notoriety: EDIT and MGTX are both not notable
Both companies represent the Biotechnology industry
Current volume relative to the 65-day Moving Average: EDIT: 118% vs. MGTX: 116%
Market capitalization -- EDIT: $219.58M vs. MGTX: $500.15M
EDIT [@Biotechnology] is valued at $219.58M. MGTX’s [@Biotechnology] market capitalization is $500.15M. The market cap for tickers in the [@Biotechnology] industry ranges from $472.8B to $0. The average market capitalization across the [@Biotechnology] industry is $2.66B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

EDIT’s FA Score shows that 1 FA rating(s) are green whileMGTX’s FA Score has 0 green FA rating(s).

  • EDIT’s FA Score: 1 green, 4 red.
  • MGTX’s FA Score: 0 green, 5 red.
According to our system of comparison, MGTX is a better buy in the long-term than EDIT.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

EDIT’s TA Score shows that 4 TA indicator(s) are bullish while MGTX’s TA Score has 6 bullish TA indicator(s).

  • EDIT’s TA Score: 4 bullish, 5 bearish.
  • MGTX’s TA Score: 6 bullish, 5 bearish.
According to our system of comparison, MGTX is a better buy in the short-term than EDIT.

Price Growth

EDIT (@Biotechnology) experienced а -14.74% price change this week, while MGTX (@Biotechnology) price change was -6.36% for the same time period.

The average weekly price growth across all stocks in the @Biotechnology industry was -8.58%. For the same industry, the average monthly price growth was -5.90%, and the average quarterly price growth was -0.16%.

Reported Earning Dates

EDIT is expected to report earnings on Feb 26, 2025.

MGTX is expected to report earnings on Mar 12, 2025.

Industries' Descriptions

@Biotechnology (-8.58% weekly)

Biotechnology involves genetic or protein engineering to produce medicines/therapies for treating and preventing ailments. The industry also provides crucial ingredients for diagnostics. This multi-billion-dollar industry is heavily focused on research and development, as companies attempt to continually come up with cutting-edge solutions for health. New discoveries for the treatment of diseases provide opportunities for growth for a company in this industry. Discoveries, however, must pass the regulatory approval from the U.S. Food and Drug Administration (FDA) before they can make it to markets. Amgen Inc., Gilead Sciences, Inc. and Celgene Corporation are examples of companies in this industry.

SUMMARIES
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FUNDAMENTALS
Fundamentals
MGTX($500M) has a higher market cap than EDIT($220M). MGTX YTD gains are higher at: -7.692 vs. EDIT (-73.741). MGTX has higher annual earnings (EBITDA): -65.93M vs. EDIT (-207.21M). EDIT has more cash in the bank: 279M vs. MGTX (100M). EDIT has less debt than MGTX: EDIT (38.7M) vs MGTX (87.6M). EDIT has higher revenues than MGTX: EDIT (67M) vs MGTX (8.12M).
EDITMGTXEDIT / MGTX
Capitalization220M500M44%
EBITDA-207.21M-65.93M314%
Gain YTD-73.741-7.692959%
P/E RatioN/AN/A-
Revenue67M8.12M825%
Total Cash279M100M279%
Total Debt38.7M87.6M44%
FUNDAMENTALS RATINGS
EDIT vs MGTX: Fundamental Ratings
EDIT
MGTX
OUTLOOK RATING
1..100
6340
VALUATION
overvalued / fair valued / undervalued
1..100
22
Undervalued
56
Fair valued
PROFIT vs RISK RATING
1..100
100100
SMR RATING
1..100
9697
PRICE GROWTH RATING
1..100
9339
P/E GROWTH RATING
1..100
100100
SEASONALITY SCORE
1..100
75n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

EDIT's Valuation (22) in the Biotechnology industry is somewhat better than the same rating for MGTX (56). This means that EDIT’s stock grew somewhat faster than MGTX’s over the last 12 months.

EDIT's Profit vs Risk Rating (100) in the Biotechnology industry is in the same range as MGTX (100). This means that EDIT’s stock grew similarly to MGTX’s over the last 12 months.

EDIT's SMR Rating (96) in the Biotechnology industry is in the same range as MGTX (97). This means that EDIT’s stock grew similarly to MGTX’s over the last 12 months.

MGTX's Price Growth Rating (39) in the Biotechnology industry is somewhat better than the same rating for EDIT (93). This means that MGTX’s stock grew somewhat faster than EDIT’s over the last 12 months.

MGTX's P/E Growth Rating (100) in the Biotechnology industry is in the same range as EDIT (100). This means that MGTX’s stock grew similarly to EDIT’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
EDITMGTX
RSI
ODDS (%)
Bullish Trend 6 days ago
90%
Bearish Trend 3 days ago
90%
Stochastic
ODDS (%)
Bullish Trend 3 days ago
80%
Bearish Trend 3 days ago
88%
Momentum
ODDS (%)
Bearish Trend 3 days ago
88%
Bullish Trend 3 days ago
84%
MACD
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
87%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
90%
Bearish Trend 3 days ago
84%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
89%
Bullish Trend 3 days ago
78%
Advances
ODDS (%)
Bullish Trend 12 days ago
78%
Bullish Trend 7 days ago
80%
Declines
ODDS (%)
Bearish Trend 3 days ago
89%
Bearish Trend 3 days ago
85%
BollingerBands
ODDS (%)
Bullish Trend 3 days ago
78%
Bearish Trend 3 days ago
90%
Aroon
ODDS (%)
Bearish Trend 3 days ago
87%
Bullish Trend 3 days ago
72%
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EDIT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
MGTX
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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EDIT and

Correlation & Price change

A.I.dvisor indicates that over the last year, EDIT has been closely correlated with NTLA. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if EDIT jumps, then NTLA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To EDIT
1D Price
Change %
EDIT100%
-3.97%
NTLA - EDIT
67%
Closely correlated
-7.61%
CRSP - EDIT
64%
Loosely correlated
+0.85%
BEAM - EDIT
64%
Loosely correlated
-8.59%
VERV - EDIT
55%
Loosely correlated
-10.97%
AXON - EDIT
52%
Loosely correlated
-0.86%
More

MGTX and

Correlation & Price change

A.I.dvisor indicates that over the last year, MGTX has been loosely correlated with NTLA. These tickers have moved in lockstep 52% of the time. This A.I.-generated data suggests there is some statistical probability that if MGTX jumps, then NTLA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGTX
1D Price
Change %
MGTX100%
-2.41%
NTLA - MGTX
52%
Loosely correlated
-7.61%
BEAM - MGTX
49%
Loosely correlated
-8.59%
EDIT - MGTX
49%
Loosely correlated
-3.97%
CRSP - MGTX
48%
Loosely correlated
+0.85%
ACLX - MGTX
47%
Loosely correlated
-7.63%
More