Metagenomi Inc (MGX) saw an uptrend of 563775% in the recent trading with $392560.0 being its most recent. The current price level -72.00% lower than the highest price of $5.50 marked by the stock while trading over the past 52-weeks, whereas it is 25.20% higher than the lowest price of $1.23 the company dropped to over past 52-weeks. The latest news story on MGX appeared in (GlobeNewswire) under the title “Metagenomi Presents Data Highlighting Advancements in Next-Generation Genome Editing Technologies at ASGCT Annual Meeting 2025” on May-14-25.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 2 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.33 for the stock.
Metagenomi Inc Earnings – What Happened With MGX
Coming around sales and income figures on MGX Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
Metagenomi Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 37.38 million. MGX does have institutional investors; and they hold 24.90% of the stock.
As on 2024-06-30, NOVO HOLDINGS A/S was the top most holder in Metagenomi Inc (NASDAQ:MGX) with an ownership of 1.8 million shares of the company or 4.9146 of the stake worth $7.34 million. The filing also reveals RA CAPITAL MANAGEMENT, L.P. as the second largest holder in the company with a control over 4.0348 of the outstanding shares. Its stake is worth $6.03 million for having 1.48 million shares in hand.
FARALLON CAPITAL MANAGEMENT LLC also came holding a key position in the company during the recent quarter and it now holds 3.6674 of the outstanding shares. With this there are now 104.0 institutions which have possession in MGX’s shares.
Key Metrics forMGX
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Metagenomi Inc has a debt to equity ratio of 0.21.
Technical Analysis of Metagenomi Inc (NASDAQ:MGX) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Metagenomi Inc (MGX), we notice that the stock’s 20-day average volume is at 443,130 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 378,834 shares. And to end, MGX’s 100-day average volume is 422,309 shares with 100% of the long-term indicators pointing towards Sell for the stock.
