MGTX
MeiraGTx Holdings plc Healthcare - Biotechnology Investor Relations →
MeiraGTx Holdings plc (MGTX) closed at $7.43 as of 2026-02-02, trading 11.6% above its 200-week moving average of $6.66. The stock is currently moving closer to the line, down from 13.8% last week. The 14-week RSI sits at 36, indicating neutral momentum.
Over the past 352 weeks of data, MGTX has crossed below its 200-week moving average 9 times. On average, these episodes lasted 30 weeks. The average one-year return after crossing below was -11.7%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $598 million, MGTX is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -611.4%. The stock trades at -14.7x book value.
Share count has increased 76.0% over three years, indicating dilution.
Over the past 6.8 years, a hypothetical investment of $100 in MGTX would have grown to $34, compared to $278 for the S&P 500. MGTX has returned -14.7% annualized vs 16.1% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: MGTX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MGTX Crosses Below the Line?
Across 9 historical episodes, buying MGTX when it crossed below its 200-week moving average produced an average return of -7.4% after 12 months (median -8.0%), compared to +14.3% for the S&P 500 over the same periods. 29% of those episodes were profitable after one year. After 24 months, the average return was -44.6% vs +20.7% for the index.
Each line shows $100 invested at the moment MGTX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MGTX has crossed below its 200-week MA 9 times with an average 1-year return of +-11.7% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 2019 | Nov 2019 | 8 | 11.8% | -22.3% | -53.1% |
| Feb 2020 | Dec 2020 | 42 | 42.4% | -8.4% | -54.1% |
| Dec 2020 | Jan 2021 | 1 | 2.7% | +56.8% | -50.9% |
| Jan 2021 | Mar 2021 | 6 | 7.9% | +0.8% | -48.2% |
| Mar 2021 | Jun 2021 | 13 | 16.1% | -5.9% | -48.8% |
| Jul 2021 | Oct 2021 | 15 | 22.3% | -44.1% | -51.8% |
| Jan 2022 | Jul 2025 | 181 | 68.9% | -58.8% | -51.9% |
| Jul 2025 | Aug 2025 | 1 | 3.1% | N/A | -2.9% |
| Aug 2025 | Sep 2025 | 1 | 5.2% | N/A | +1.8% |
| Average | 30 | — | +-11.7% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02