Stock To Watch: MiMedx Group, Inc (NASDAQ:MDXG)


The leading market experts have placed a mean price target of $11.60 on MiMedx Group, Inc (NASDAQ:MDXG) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.08 a share for the upcoming quarter and $0.23 for the current fiscal.

Technical View

The technical analysis of MiMedx Group, Inc plainly substantiates that the 50-day moving average of MiMedx Group, Inc is $7.71, and stock is trading $-0.41 points away or -5.29% from its 50-day moving average of $7.71. Further it is trading $-0.60 or -7.54% away its 200-day moving average of $7.90. MiMedx Group, Inc (NASDAQ:MDXG) 52-week high is $11.74 and the 52-week low is $6.64.

This explains if the stock moves $-4.44, it will post a 52-week high. In event of +9.94% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of MiMedx Group, Inc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, MiMedx Group, Inc (NASDAQ:MDXG) ratio came in at 34.60.

The stock last ended the trading session at $7.30 and registered a market cap of $803.31M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. MiMedx Group, Inc (NASDAQ:MDXG) PEG ratio is at 2.13.

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