Metagenomi Inc (NASDAQ:MGX)’s traded shares stood at 0.52 million during the last session, with the company’s beta value hitting -1.58. At the close of trading, the stock’s price was $2.05, to imply a decrease of -0.97% or -$0.02 in intraday trading. The MGX share’s 52-week high remains $12.50, putting it -509.76% down since that peak but still an impressive 21.46% since price per share fell to its 52-week low of $1.61.
Analysts have given a consensus recommendation of Buy for Metagenomi Inc (MGX), translating to a mean rating of 1.25. Of 2 analyst(s) looking at the stock, 0 analyst(s) give MGX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.78.
Metagenomi Inc (NASDAQ:MGX) trade information
After registering a -0.97% downside in the last session, Metagenomi Inc (MGX) has traded red over the past five days. The 5-day price performance for the stock is -13.14%, and -22.64% over 30 days. With these gigs, the year-to-date price performance is -43.21%.
The extremes give us $7 and $22 for target low and target high price respectively. As such, MGX has been trading -973.17% off suggested target high and -241.46% from its likely low.
Metagenomi Inc (MGX) estimates and forecasts
The rating firms project that company’s revenue will grow 15.51% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 9.46M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 6.25M.Earnings reports from the last fiscal year show that sales brought in 12.4M and 11.16M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -23.70% before dropping -43.99% in the following quarter.
MGX Dividends
Metagenomi Inc has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Metagenomi Inc (MGX) shares. Going by data provided on Dec 31, 2024 , iShares Russell 2000 ETF holds roughly 618.66 shares. This is just over 1.65% of the total shares, with a market valuation of $1.27 million. Data from the same date shows that the other fund manager holds a little less at 177.21, or 0.47% of the shares, all valued at about 0.36 million.
