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 $4.93, down 1.79% from the previous day, and has decreased 8.7% in one year. It has overperformed other stocks in the Biotechnology industry by 0.14 percentage points. Meiragtx Holdings stock is currently +41.26% from its 52-week low of $3.49, and -40.96% from its 52-week high of $8.35.
At the moment, there are 64.22M shares of MGTX outstanding. The market value of MGTX is $316.59M. In the last 24 hours, 164,022 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.
Our recommended brokerage: eToro
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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.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
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 2.29x, relative to Biotechnology industry P/B ratio of 5.93x
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 long-term liabilities on the MGTX balance sheet.
- There are more short-term assets than short-term liabilities on the MGTX balance sheet.
- MGTX has $130.65M in cash and short term investments. This is sufficient to cover its annual cash burn of $71.33M.
- MGTX has cash burn of 71331000. It has sufficient cash and short-term investments to cover this for at least one year.
Signs that MGTX is not financially healthy:
- Total MGTX debt is higher than 5 years ago, relative to shareholder equity.
- MGTX has a relatively high debt to equity ratio of 1.37.
Is Meiragtx Holdings stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give recommendations on MGTX, the consensus analyst rating on Meiragtx Holdings is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Meiragtx Holdings stock forecast page.
MGTX Technical Indicators
Who is buying/selling MGTX?
Over the past year, executives and large shareholders at MGTX have bought more shares than they have sold.
Alexandria Forbes, PRESIDENT CEO of MGTX, was the latest MGTX insider to sell. They sold $100,888.68 worth of MGTX shares on Jan 14, 2024.
Dig into more about who owns MGTX stock here.
Does MGTX stock generate passive income?
No, Meiragtx Holdings doesn't provide an income stream by paying out dividends.
MGTX Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your MGTX purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given price limit, use a limit order.
Hit the Open button and your broker will execute your order.
If you want additional info about buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your MGTX investment
Now that you own some MGTX shares, you'll want to stay up-to-date on your new company.
Put MGTX on a watchlist to get notified of important updates regarding your MGTX stock.
MGTX Feed
How to Buy Stock in Meiragtx Holdings
To reiterate, here are the 6 steps to buy Meiragtx Holdings stock:
- 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 are looking for a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Meiragtx Holdings, create a watchlist today.
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