Mimedx Group Stock Price on February 27, 2024
MDXG Stock | USD 9.20 0.02 0.22% |
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 9.20, as last reported on the 25th of November, with the highest price reaching 9.45 and the lowest price hitting 9.10 during the day.
If you're considering investing in MiMedx Stock, it is important to understand the factors that can impact its price. MiMedx appears to be somewhat reliable, given 3 months investment horizon. MiMedx Group has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of volatility over the last 3 months. By analyzing MiMedx's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please exercise MiMedx's risk adjusted performance of 0.1134, and Mean Deviation of 2.24 to check out if our risk estimates are consistent with your expectations.
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 7.0244 | 50 Day MA 6.6018 | Beta 1.939 |
MiMedx |
Sharpe Ratio = 0.1413
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Estimated Market Risk
4.32 actual daily | 38 62% of assets are more volatile |
Expected Return
0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average MiMedx is performing at about 11% of its full potential. 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 it to a well-diversified portfolio.
Price Book 7.4688 | Enterprise Value Ebitda 19.1894 | Price Sales 3.9437 | Shares Float 109 M | Wall Street Target Price 13 |
MiMedx Valuation on February 27, 2024
It is possible to determine the worth of MiMedx on a given historical date. On February 27, 2024 MiMedx was worth 8.26 at the beginning of the trading date compared to the closed value of 8.4. 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 | |
8.15 | 8.33 | 8.06 | 8.26 | 598,765 | |
02/27/2024 | 8.26 | 8.46 | 8.09 | 8.40 | 790,971 |
8.34 | 8.34 | 8.08 | 8.20 | 779,527 |
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MiMedx Trading Date Momentum on February 27, 2024
On February 28 2024 MiMedx Group was traded for 8.20 at the closing time. The top price for the day was 8.34 and the lowest listed price was 8.08 . The trading volume for the day was 779.5 K. The trading history from February 28, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.38% . The trading delta at closing time against the current closing price is 1.43% . |
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 | November 25, 2024
| High |
0.00 | 0.00 |
MiMedx Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
MiMedx November 25, 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 | 0.1134 | |||
Jensen Alpha | 0.5437 | |||
Total Risk Alpha | (0.1) | |||
Sortino Ratio | 0.2 | |||
Treynor Ratio | 1.83 |
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Volume Indicators |
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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