Meiragtx Holdings Plc MGTX

$9.75 +0.35 (3.72%)

Valuation

Market cap
1,272,570,000
Revenue TTM
$81,390,000
Net income TTM
$-114,200,000
PE ratio
18.38
Forward PE
30.96
Profit margin
-140.31%
Debt to equity
0.46

Trading

Volume
633,100
Avg volume
886,030
Day's range
$9.11 – $9.77
Shares out
96,043,000
Stochastic %K
59%
Beta
1.27
Analysts
Strong Sell
Price target
$27.75

Price

Company profile

MeiraGTx Holdings plc, a clinical-stage genetic medicines company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited retinal diseases and large degenerative ocular diseases; neurodegenerative diseases; and xerostomia. It is also develops AAV-AQP1 for radiation-induced grade 2/3 radiation-induced xerostomia, as well as...

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MeiraGTx Holdings plc, a clinical-stage genetic medicines company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited retinal diseases and large degenerative ocular diseases; neurodegenerative diseases; and xerostomia. It is also develops AAV-AQP1 for radiation-induced grade 2/3 radiation-induced xerostomia, as well as for Sjogren's syndrome; AAV-GAD in Phase 2 trial for Parkinson's disease; AAV-RPE65 in Phase 2 trial for RPE65-associated retinal dystrophy; and AAV-CNGB3 and AAV-CNGA3, which are both in Phase ½ clinical trial for achromatopsia, as well as offers AAV-AIPL1 for Leber congenital amaurosis (LCA) 4. In addition, the company's products under preclinical development include AAV-RDH12 for retinol dehydrogenase 12 mutation-associated retinal dystrophy; AAV-BBS10 for Bardet-Biedl syndrome (BBS) due to BBS10 mutations; AAV-RetGC for LCA type 1; and AAV-UPF1 for amyotrophic lateral sclerosis, as well as programs for Alzheimer's disease, and wet and dry neovascular age related macular degeneration. Further, it provides riboswitch platform for the delivery of metabolic peptides; and cell therapies for oncology, autoimmune disease, and long term intractable pain. The company has collaborations with Johnson & Johnson Innovative Medicine for the research, development, and commercialization of gene therapies for the treatment of inherited retinal disease; and Hologen Limited for the research, development, manufacture, and commercialization of AAV-GAD investigational gene therapy for the treatment of Parkinson's disease, AAV-BDNF investigational gene therapy for genetic obesity disorders, and other genetic medicines to the central nervous system. MeiraGTx Holdings plc was founded in 2015 and is based in New York, New York.

Industry
Biotechnology
Sector
Healthcare
Phone
646 860 7985
Website
https://www.meiragtx.com
Address
655 Third Avenue, Suite 1115, New York, United States

Latest news

Stocktwits

slinghook67 Oct 28, 10:26 PM
$MGTX Great post Ernie...
1 replies
ErnieWorthing84 Oct 28, 6:06 PM
$MGTX 🤫
0 replies
ErnieWorthing84 Oct 28, 5:52 PM
$MGTX So the new deck has 10 or so additional pages, on bota-vec. A lot of new emphasis throwing shade at Beacon--which, as far as I can find, is not offering up much data beyond it's primary endpoint, leaving us in the dark (pun intended) on other domains of vision.
1 replies
ErnieWorthing84 Oct 28, 11:00 AM 2 replies
waterlock Oct 28, 1:41 AM
$MGTX they are smart https://investors.beamtx.com/news-releases/news-release-details/beam-therapeutics-reports-initial-clinical-data-phase-12-trial
1 replies
Bogy99 Oct 27, 1:49 PM
$MGTX we have a BIG problem here. Shares short has skyrocketed to 6.4mm shares . That’s a 79% increase since mid August. Shares are only down ~40%. That means longs are staying put and shorts are pressing. I’ve shown concern for shorts in the past , but now I’m really worried for them. Any positive news can trigger a short squeeze and shares would pump 50% higher. Oh boy , I hope for the sake of those shorts we don’t get any good news anytime soon!!!
2 replies
Bogy99 Oct 24, 9:57 AM
$MGTX might be one of the longest stretches we’ve had of no new clinical updates. Aside from 3yr update on P1 Xero data , really nothing else this year. Been busy with financing , but no major commercial updates. I would say we are overdue for some news.
2 replies
ErnieWorthing84 Oct 23, 4:57 PM 0 replies