The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. MeiraGTx Holdings plc shares valued at $150,960 were sold by Giroux Richard on Jan 21 ’25. At $6.29 per share, Giroux Richard sold 24,000 shares. The insider’s holdings dropped to 849,947 shares worth approximately $7.01 million following the completion of this transaction.
Also, Giroux Richard purchased 24,000 shares, netting a total of over 153,840 in proceeds.
Before that, Forbes Alexandria had sold 35,839 shares from its account. In a trade valued at $231,878, the PRESIDENT & CEO traded MeiraGTx Holdings plc shares for $6.47 each. Upon closing the transaction, the insider’s holdings decreased to 35,839 shares, worth approximately $11.51 million.
Analysts at RBC Capital Mkts started covering the stock with ‘”an Outperform”‘ outlook in a report released in late October. Earlier on September 03, 2019, Piper Jaffray initiated its rating. Their recommendation was “an Overweight” for MGTX stock.
Analyzing MGTX Stock Performance
During the last five days, there has been a surge of approximately 27.71%. Over the course of the year, MeiraGTx Holdings plc shares have jumped approximately 35.47%. Shares of the company reached a 52-week high of $8.49 on 03/13/25 and a 52-week low of $5.60 on 01/13/25. A 50-day SMA is recorded $6.49, while a 200-day SMA reached $5.38.
Support And Resistance Levels for MeiraGTx Holdings plc (MGTX)
According to the 24-hour chart, there is a support level at 7.60, which, if violated, would cause prices to drop to 6.96. In the upper region, resistance lies at 8.69. The next price resistance is at 9.14. RSI (Relative Strength Index) is 69.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.12, which suggests the price will decrease in the coming days. Percent R is at 8.82%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
