In a filing, MeiraGTx Holdings plc revealed its PRESIDENT & CEO Forbes Alexandria unloaded Company’s shares for reported $0.25 million on Apr 08 ’25. In the deal valued at $5.34 per share,47,500 shares were sold. As a result of this transaction, Forbes Alexandria now holds 1,408,983 shares worth roughly $7.38 million.
Then, Forbes Alexandria bought 47,500 shares, generating $251,265 in total proceeds.
Before that, Giroux Richard sold 24,000 shares. MeiraGTx Holdings plc shares valued at $150,960 were divested by the CFO & COO at a price of $6.29 per share. As a result of the transaction, Giroux Richard now holds 849,947 shares, worth roughly $4.45 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 -8.87% to $5.24. Over the last five days, the stock has lost -14.94%. MeiraGTx Holdings plc shares have fallen nearly -13.96% since the year began. Nevertheless, the stocks have fallen -4.73% 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 04/07/25. SMA at 50 days reached $6.80, while 200 days put it at $5.58.
Levels Of Support And Resistance For MGTX Stock
The 24-hour chart illustrates a support level at 4.83, which if violated will result in even more drops to 4.43. On the upside, there is a resistance level at 5.87. A further resistance level may holdings at 6.51. The Relative Strength Index (RSI) on the 14-day chart is 31.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.49%. Stochastics %K at 12.34% indicates the stock is a buying.
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.
