Mimedx Group Stock Price on February 28, 2024
| MDXG Stock | USD 7.88 0.02 0.25% |
Below is the normalized historical share price chart for MiMedx Group extending back to August 22, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MiMedx stands at 7.88, as last reported on the 14th of May 2024, with the highest price reaching 7.99 and the lowest price hitting 7.77 during the day.
If you're considering investing in MiMedx Stock, it is important to understand the factors that can impact its price. We consider MiMedx somewhat reliable. MiMedx Group has Sharpe Ratio of 0.0058, which conveys that the firm had a 0.0058% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for MiMedx, which you can use to evaluate the volatility of the firm. Please verify MiMedx's mean deviation of 2.16, and Risk Adjusted Performance of 0.0223 to check out if the risk estimate we provide is consistent with the expected return of 0.0197%.
At this time, MiMedx's Other Stockholder Equity is most likely to increase significantly in the upcoming years. . At this time, MiMedx's Price To Free Cash Flows Ratio is most likely to increase significantly in the upcoming years. The MiMedx's current Price Cash Flow Ratio is estimated to increase to 40.07, while Price Book Value Ratio is projected to decrease to 6.80. MiMedx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of August 2007 | 200 Day MA 7.521 | 50 Day MA 7.259 | Beta 1.435 |
MiMedx |
Sharpe Ratio = 0.0058
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| Negative Returns | MDXG |
Estimated Market Risk
| 3.38 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average MiMedx is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MiMedx by adding MiMedx to a well-diversified portfolio.
Price Book 6.6365 | Enterprise Value Ebitda 22.5398 | Price Sales 2.9439 | Shares Float 117.6 M | Wall Street Target Price 12.67 |
Related Headline
Tyra Biosciences Headline on 28th of February 2024
Disposition of 5849 shares by Daniel Bensen of Tyra Bioscien... by Daniel Bensen
Filed transaction by Tyra Biosciences Officer: Chief Operating Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
MiMedx Valuation on February 28, 2024
It is possible to determine the worth of MiMedx on a given historical date. On February 28, 2024 MiMedx was worth 8.34 at the beginning of the trading date compared to the closed value of 8.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MiMedx stock. Still, in general, we apply an absolute valuation method to find MiMedx's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MiMedx where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MiMedx's related companies.
| Open | High | Low | Close | Volume | |
| 8.26 | 8.46 | 8.09 | 8.40 | 790,971 | |
02/28/2024 | 8.34 | 8.34 | 8.08 | 8.20 | 779,527 |
| 9.00 | 9.04 | 8.10 | 8.16 | 2,090,623 |
| Backtest MiMedx | | | MiMedx History | | | MiMedx Valuation | Previous | Next |
MiMedx Trading Date Momentum on February 28, 2024
| On February 29 2024 MiMedx Group was traded for 8.16 at the closing time. The top price for the day was 9.04 and the lowest listed price was 8.10 . The trading volume for the day was 2.1 M. The trading history from February 29, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.49% . The trading delta at closing time against the current closing price is 0.73% . |
MiMedx Group Fundamentals Correlations and Trends
By evaluating MiMedx's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MiMedx's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MiMedx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About MiMedx Stock history
MiMedx investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MiMedx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MiMedx Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MiMedx stock prices may prove useful in developing a viable investing in MiMedx
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 146 M | 94.7 M | |
| Net Loss | -33.1 M | -31.4 M |
MiMedx Quarterly Net Working Capital |
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MiMedx Stock Technical Analysis
MiMedx technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
MiMedx Period Price Range
Low | February 28, 2024
| High |
8.34 | 8.20 |
MiMedx May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how MiMedx stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MiMedx shares will generate the highest return on investment. By undertsting and applying MiMedx stock market strength indicators, traders can identify MiMedx Group entry and exit signals to maximize returns
MiMedx Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for MiMedx's price direction in advance. Along with the technical and fundamental analysis of MiMedx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MiMedx to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0223 | |||
| Jensen Alpha | 0.0494 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.2706 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MiMedx Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for MiMedx Stock analysis
When running MiMedx's price analysis, check to measure MiMedx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MiMedx is operating at the current time. Most of MiMedx's value examination focuses on studying past and present price action to predict the probability of MiMedx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MiMedx's price. Additionally, you may evaluate how the addition of MiMedx to your portfolios can decrease your overall portfolio volatility.
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Is MiMedx's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MiMedx. If investors know MiMedx will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MiMedx listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4 | Earnings Share 0.52 | Revenue Per Share 2.687 | Quarterly Revenue Growth 0.182 | Return On Assets 0.1626 |
The market value of MiMedx Group is measured differently than its book value, which is the value of MiMedx that is recorded on the company's balance sheet. Investors also form their own opinion of MiMedx's value that differs from its market value or its book value, called intrinsic value, which is MiMedx's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MiMedx's market value can be influenced by many factors that don't directly affect MiMedx's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between MiMedx's value and its price as these two are different measures arrived at by different means. Investors typically determine if MiMedx is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MiMedx's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.