Stock price performance of MiMedx Group, Inc is analyzed for various periods using several stock trading signals. The stock price have dropped -16.33% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 6.71% . Looking at the past 52 week period, the stock price is down -0.76% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of MiMedx Group, Inc has a positive value of 1.37 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 5.04% and the 50-Day Moving Average is 10.54%.The 200 Day SMA reached 2.02%
MiMedx Group, Inc. is having a Relative Strength Index of 35.99 which indicates the stock is not yet over sold or over bought based on the technical indicators. MiMedx Group, Inc (NASDAQ:MDXG) has tumbled 3.23% during the past week and has dropped 9.84% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.34%. MiMedx Group, Inc (NASDAQ:MDXG) has underperformed the index by 10.64% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Sep 8, 2016, William Charles Taylor (President and COO) sold 20,400 shares at 7.55 per share price.On May 23, 2016, Parker H Petit (CEO) purchased 20,000 shares at 6.99 per share price.On Nov 16, 2015, Charles Robert Evans (director) purchased 10,000 shares at 7.84 per share price.
MiMedx Group Inc Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.06 EPS for the quarter. Analyst had a consensus estimate of $0.06. The company had revenue of $64.40 million for the quarter, compared to analysts expectations of $63.12 million. The companys revenue was up 31.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.MiMedx Group Inc was Initiated by UBS on Dec 12, 2016 to Sell, Price Target of the shares are set at $9.MiMedx Group Inc was Initiated by Aegis Capital to Buy on Nov 8, 2016.
MiMedx Group, Inc (NASDAQ:MDXG) : On Friday heightened volatility was witnessed in MiMedx Group, Inc (NASDAQ:MDXG) which led to swings in the share price. The stock opened for trading at $7.75 and hit $7.9 on the upside , eventually ending the session at $7.79, with a gain of 1.43% or 0.11 points. The heightened volatility saw the trading volume jump to 1,814,106 shares. The 52-week high of the share price is $10.02 and the company has a market cap of $853 million. The 52-week low of the share price is at $6.64 .
MiMedx is an integrated developer, processor and marketer of patent protected regenerative biomaterial products and bioimplants processed from human amniotic membrane. Innovations in Regenerative Biomaterials is the framework behind their mission to give physicians products and tissues to help the body heal itself. Their biomaterial platform technologies include AmnioFix and EpiFix, their tissue technologies processed from human amniotic membrane that is derived from donated placentas. Through their donor program, a mother delivering via full-term Caesarean section birth can elect in advance of delivery to donate the placenta in lieu of having it discarded as medical waste. They process the human amniotic membrane utilizing their proprietary PURION Process, to produce a safe and effective implant.