How to Buy Meiragtx Holdings Stock
Meiragtx Holdings PLC
MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases.
Meiragtx Holdings stock last closed at $4.95, down 3.7% from the previous day, and has decreased 35.71% in one year. It has underperformed other stocks in the Biotechnology industry by 0.03 percentage points. Meiragtx Holdings stock is currently +3.77% from its 52-week low of $4.77, and -45.9% from its 52-week high of $9.15.
At the moment, there are 59.54M shares of MGTX outstanding. The market value of MGTX is $294.70M. In the last 24 hours, 118,802 MGTX shares were traded.
How to Buy Meiragtx Holdings Stock
Not sure how to invest in Meiragtx Holdings stock? Here's how.
- Choose where to buy Meiragtx Holdings stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Meiragtx Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your method of payment and add your information.
- Analyze Meiragtx Holdings stock: The Meiragtx Holdings ticker symbol is MGTX. Is Meiragtx Holdings stock a good investment? Should you buy shares of MGTX? How do MGTX's underlying business fundamentals look? Do top analysts think Meiragtx Holdings is a good buy? Why has MGTX's stock price moved recently? (Hint: Our stock research tools can help you understand if MGTX is a good stock to buy).
- Make your MGTX purchase: Decide if you will purchase MGTX shares at the current market price or use a limit order to purchase MGTX stock at a specific price.
- Get notifications regarding your MGTX investment: Create a watchlist to watch your new investment in Meiragtx Holdings shares.
Step 1: Choose where to buy Meiragtx Holdings stock
You will need a brokerage account to access the NASDAQ market and buy MGTX stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal information so you can buy MGTX today.
How to Create a New Account on eToro
- Click here to get started.
- Input your personal info to start a new brokerage account.
- Submit your info by pressing the "Create Account" button.
Step 3: Put funds into your brokerage account
Now that you've created your account on mobile trading apps, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring funds into your investment account.
Step 4: Analyze Meiragtx Holdings stock
Once you have chosen the best place to buy Meiragtx Holdings stock, it's critical to research their stock prior to buying, so you truly understand the risk as well as the opportunity.
Meiragtx Holdings quick stats
Meiragtx Holdings Fundamentals
WallStreetZen was built to help part-time investors perform better fundamental analysis.
You can view all of the due diligence checks on MGTX's stock page.
How is MGTX stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge MGTX's true value.
Using relative valuations measures:
- MGTX could be undervalued based on its P/B ratio of 2.39x, relative to Biotechnology industry P/B ratio of 5.11x
You can access more valuation research on MGTX's stock here.
How do MGTX Financials look?
Signs that MGTX is financially healthy:
- There are more short-term assets than short-term liabilities on the MGTX balance sheet.
- There are more short-term assets than long-term liabilities on the MGTX balance sheet.
Signs that MGTX is not financially healthy:
- MGTX has $92.77M in cash and short term investments. This is not sufficient to cover its annual cash burn of $135.48M.
- Total MGTX debt is higher than 5 years ago, relative to shareholder equity.
- MGTX has cash burn of 135480000. It does not have sufficient cash and short-term investments to cover this.
- MGTX has a relatively high debt to equity ratio of 1.51.
Is Meiragtx Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Wall Street analysts who give recommendations on MGTX, the consensus analyst rating on Meiragtx Holdings is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
Most Recent MGTX Analyst Upgrades/Downgrades
Luca Issi, a bottom 12% analyst from RBC Capital maintains MGTX with a buy rating and lowers their MGTX price target from $13.00 to $11.00, on Aug 11, 2023.
Geulah Livshits, a top 8% analyst from Chardan Capital reiterates MGTX with a strong buy rating and maintains their MGTX price target from $41.00 to $41.00, on Aug 11, 2023.
Christopher Raymond, a top 27% analyst from Piper Sandler maintains MGTX with a strong buy rating and lowers their MGTX price target from $26.00 to $25.00, on May 12, 2023.
You can dig deeper into what analysts are projecting on the Meiragtx Holdings stock forecast page.
Metrics for Advanced MGTX Traders
What are MGTX executives and large shareholders up to?
Over the last year, executives and large shareholders at MGTX have bought more shares than they have sold.
Perceptive Advisors LLC, Director of MGTX, was the latest MGTX insider to buy. They bought $24,999,999.50 worth of MGTX shares on May 5, 2023.
Dig into more about who owns MGTX shares here.
Can I get consistent income from MGTX stock?
No, Meiragtx Holdings doesn't provide an income stream by paying out dividends.
What others are saying about MGTX
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your MGTX purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, place a limit order.
Click the Open Trade button and your broker will place the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your MGTX investment
Now that you own some MGTX shares, you'll want to keep up with your shares.
Start a watchlist to get notified of the latest news about your MGTX stock.
MGTX Feed
How to Buy Stock in Meiragtx Holdings
To reiterate, here are the 6 steps you need to take to buy Meiragtx Holdings stock right now:
- Choose where to buy Meiragtx Holdings stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Meiragtx Holdings stock
- Make your MGTX purchase
- Get notifications regarding your MGTX investment
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your investment in Meiragtx Holdings, click the button below.
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