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MGTX
Stock ticker: NASDAQ
AS OF
Apr 25 closing price
Price
$6.70
Change
+$0.15 (+2.29%)
Capitalization
516.5M

MGTX MeiraGTx Holdings plc Forecast, Technical & Fundamental Analysis

MeiraGTx Holdings PLC is a clinical-stage gene therapy company... Show more

Industry: #Biotechnology
MGTX
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for MGTX with price predictions
Apr 25, 2025

MGTX's RSI Indicator climbs out of oversold territory

The RSI Oscillator for MGTX moved out of oversold territory on April 14, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In of the 22 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on April 22, 2025. You may want to consider a long position or call options on MGTX as a result. In of 101 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MGTX just turned positive on April 22, 2025. Looking at past instances where MGTX's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

MGTX moved above its 50-day moving average on April 25, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MGTX advanced for three days, in of 255 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 10-day moving average for MGTX crossed bearishly below the 50-day moving average on April 07, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MGTX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MGTX broke above its upper Bollinger Band on April 23, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for MGTX entered a downward trend on April 21, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MGTX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (7.788) is normal, around the industry mean (14.305). P/E Ratio (0.000) is within average values for comparable stocks, (63.885). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.826). Dividend Yield (0.000) settles around the average of (0.024) among similar stocks. P/S Ratio (14.065) is also within normal values, averaging (254.869).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MGTX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.

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MGTX
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

MGTX is expected to report earnings to fall 121.43% to 10 cents per share on May 08

MeiraGTx Holdings plc MGTX Stock Earnings Reports
Q1'25
Est.
$0.10
Q4'24
Beat
by $0.08
Q3'24
Beat
by $0.01
Q2'24
Missed
by $0.36
Q1'24
Beat
by $0.09
The last earnings report on March 13 showed earnings per share of -49 cents, beating the estimate of -56 cents. With 335.44K shares outstanding, the current market capitalization sits at 516.50M.
A.I. Advisor
published General Information

General Information

a developer of novel treatments for inherited and acquired genetic disorders

Industry Biotechnology

Profile
Fundamentals
Details
Industry
Biotechnology
Address
450 East 29th Street
Phone
+1 646 860-7985
Employees
425
Web
https://www.meiragtx.com
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MGTX and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, MGTX has been loosely correlated with RGNX. These tickers have moved in lockstep 47% of the time. This A.I.-generated data suggests there is some statistical probability that if MGTX jumps, then RGNX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGTX
1D Price
Change %
MGTX100%
+2.29%
RGNX - MGTX
47%
Loosely correlated
-0.54%
IDYA - MGTX
46%
Loosely correlated
-0.37%
AURA - MGTX
45%
Loosely correlated
-2.54%
KRRO - MGTX
45%
Loosely correlated
+3.73%
ATYR - MGTX
45%
Loosely correlated
-2.90%
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