In a filing, MeiraGTx Holdings plc revealed its CFO & COO Giroux Richard unloaded Company’s shares for reported $0.15 million on Jan 21 ’25. In the deal valued at $6.29 per share,24,000 shares were sold. As a result of this transaction, Giroux Richard now holds 849,947 shares worth roughly $5.24 million.
Then, Giroux Richard bought 24,000 shares, generating $153,840 in total proceeds.
Before that, Forbes Alexandria sold 35,839 shares. MeiraGTx Holdings plc shares valued at $231,878 were divested by the PRESIDENT & CEO at a price of $6.47 per share. As a result of the transaction, Forbes Alexandria now holds 1,395,102 shares, worth roughly $8.59 million.
A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in late October with a ‘”an Outperform”‘ rating. Piper Jaffray started covering the stock on September 03, 2019. It rated MGTX as “an Overweight”.
Price Performance Review of MGTX
On Tuesday, MeiraGTx Holdings plc [NASDAQ:MGTX] saw its stock fall -9.14% to $6.16. Over the last five days, the stock has lost -20.92%. MeiraGTx Holdings plc shares have risen nearly 1.15% since the year began. Nevertheless, the stocks have risen 1.48% over the past one year. While a 52-week high of $8.75 was reached on 03/14/25, a 52-week low of $3.85 was recorded on 01/13/25. SMA at 50 days reached $6.83, while 200 days put it at $5.54.
Levels Of Support And Resistance For MGTX Stock
The 24-hour chart illustrates a support level at 5.90, which if violated will result in even more drops to 5.64. On the upside, there is a resistance level at 6.57. A further resistance level may holdings at 6.98. The Relative Strength Index (RSI) on the 14-day chart is 38.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.93%. Stochastics %K at 27.41% indicates the stock is a holding.
How much short interest is there in MeiraGTx Holdings plc?
A steep rise in short interest was recorded in MeiraGTx Holdings plc stocks on 2025-03-14, dropping by 87231.0 shares to a total of 1.96 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.05 million shares. There was a decline of -4.45%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 27, 2019 when Chardan Capital Markets resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $40.
