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 $4.07, up 1.24% from the previous day, and has decreased 33.71% in one year. It has underperformed other stocks in the Biotechnology industry by 0.26 percentage points. Meiragtx Holdings stock is currently +16.62% from its 52-week low of $3.49, and -46.45% from its 52-week high of $7.60.
At the moment, there are 64.9M shares of MGTX outstanding. The market value of MGTX is $264.14M. In the last 24 hours, 80,538 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.
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- 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 3.3x, relative to Biotechnology industry P/B ratio of 6.29x
You can access more valuation research on MGTX's stock here.
How do MGTX Financials look?
Signs that MGTX is financially healthy:
- MGTX has cash burn of 21533000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the MGTX balance sheet.
- MGTX has $101.03M in cash and short term investments. This is sufficient to cover its annual cash burn of $21.53M.
Signs that MGTX is not financially healthy:
- MGTX profit margin has gone down from -1,811.8% to -9,514.2% in the past year.
- Total MGTX debt is higher than 5 years ago, relative to shareholder equity.
- MGTX has a relatively high debt to equity ratio of 2.33.
- There are more long-term liabilities than short-term assets on the MGTX balance sheet.
Is it a good time to buy Meiragtx Holdings stock, according to Wall Street analysts?
Out of 2 Equities analysts who give recommendations on MGTX, the consensus analyst rating on Meiragtx Holdings is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Meiragtx Holdings stock forecast page.
MGTX Technical Indicators
MGTX Earnings
Last year, MGTX revenue was $979.00k. During the last 1 years, MGTX's revenue has increased by -85.76% per year. This was slower than the Biotechnology industry average of 55.92%.
You can analyze MGTX's earnings and revenue performance here.
Who is buying/selling MGTX?
Over the past 12 months, insiders 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 $5,000,000.00 worth of MGTX shares on Aug 12, 2024.
Research more about who owns MGTX shares here.
Does MGTX provide a stable income stream?
No, Meiragtx Holdings doesn't provide an income stream by paying out dividends.
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Step 5: Make your MGTX purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually 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 make sure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open Trade button and eToro will place the order.
If you need more info about 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 stay up-to-date on your new company.
Put MGTX on a watchlist to get notified of the latest news about your MGTX stock.
MGTX Feed
How to Buy Stock in Meiragtx Holdings
To summarize, 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 require a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Meiragtx Holdings, create your watchlist below.
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