MeiraGTx Holdings plc

MeiraGTx Holdings plcverified

MGTX

Price:

$4.21

Market Cap:

$325.85M

MeiraGTx Holdings plc, a clinical stage gene therapy company, focusing on developing treatments for patients with serious diseases. The company develops various therapies for ocular diseases, including inherited blindness, as well as Xerostomia following radiation treatment for head and neck cancers; degenerative diseases; neurodegenerative diseases, such as amyotrophic lateral sclerosis; and Parkinson's diseases. Its programs in clinical development include Phase 1/2 clinical stage programs in Achromatopsia, X-Linked Retinitis Pigmentosa, RPE65-deficiency, and radiation-induced Xerostomia, as well as Parkinson's program. The company also focuses on initiating a clinical program in xerostomi...[Read more]

Industry

Biotechnology

IPO Date

2018-06-08

Stock Exchange

NASDAQ

Ticker

MGTX

The Current Ratio as of September 2024 (TTM) for MeiraGTx Holdings plc (MGTX) is 2.36

According to MeiraGTx Holdings plc’s latest financial reports and current stock price. The company's current Current Ratio is 2.36. This represents a change of -0.84% compared to the average of 2.38 of the last 4 quarters.

MeiraGTx Holdings plc (MGTX) Historical Current Ratio (quarterly & annually)

How has MGTX Current Ratio performed in the past?

The mean historical Current Ratio of MeiraGTx Holdings plc over the last ten years is 3.25. The current 2.36 Current Ratio has changed 7.16% with respect to the historical average. Over the past ten years (40 quarters), MGTX's Current Ratio was at its highest in in the June 2018 quarter at 11.84. The Current Ratio was at its lowest in in the March 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

3.25

Median

2.92

Minimum

0.54

Maximum

5.47

MeiraGTx Holdings plc (MGTX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of MeiraGTx Holdings plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 798.33%

Maximum Annual Current Ratio = 5.47

Minimum Annual Increase = -83.03%

Minimum Annual Current Ratio = 0.54

Quarterly (TTM)
Annual
YearCurrent RatioChange
20232.3826.54%
20221.88-30.08%
20212.69-46.57%
20205.03-7.93%
20195.4713.51%
20184.82798.33%
20170.54-83.03%

MeiraGTx Holdings plc (MGTX) Average Current Ratio

How has MGTX Current Ratio performed in the past?

The current Current Ratio of MeiraGTx Holdings plc (MGTX) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.32

5-year avg

3.49

10-year avg

3.25

MeiraGTx Holdings plc (MGTX) Current Ratio vs. Peers

How is MGTX’s Current Ratio compared to its peers?

MeiraGTx Holdings plc’s Current Ratio is less than IDEAYA Biosciences, Inc. (17.50), less than AnaptysBio, Inc. (9.09), less than Keros Therapeutics, Inc. (20.37), less than Homology Medicines, Inc. (4.19), less than uniQure N.V. (0), less than Rocket Pharmaceuticals, Inc. (7.36), less than Rhythm Pharmaceuticals, Inc. (7.79), less than Solid Biosciences Inc. (6.53), less than Connect Biopharma Holdings Limited (13.45), less than Acumen Pharmaceuticals, Inc. (4.99), less than Eton Pharmaceuticals, Inc. (17.37), greater than Nuvation Bio Inc. (1.40), less than Eledon Pharmaceuticals, Inc. (11.49), less than Generation Bio Co. (14.48), less than Kronos Bio, Inc. (7.42), less than Erasca, Inc. (8.49), less than C4 Therapeutics, Inc. (16.79), less than Edgewise Therapeutics, Inc. (5.09), less than null (30.24),

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