Mimedx Group Stock Price on May 31, 2024

MDXG Stock  USD 7.97  0.12  1.48%   
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 7.97, as last reported on the 21st of March, with the highest price reaching 7.97 and the lowest price hitting 7.97 during the day.
IPO Date
22nd of August 2007
200 Day MA
7.5037
50 Day MA
8.4084
Beta
1.966
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MiMedx Stock, it is important to understand the factors that can impact its price. MiMedx Group has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13 % return per unit of volatility over the last 3 months. MiMedx exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MiMedx's mean deviation of 1.49, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide.
  
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 22.43, while Price Book Value Ratio is projected to decrease to 6.96. MiMedx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1321

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Estimated Market Risk

 1.79
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.24
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  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
6.1737
Enterprise Value Ebitda
17.1991
Price Sales
3.4172
Shares Float
109.1 M
Wall Street Target Price
13.4

Related Headline

Werewolf Therapeutics Headline on 31st of May 2024

Filed transaction by Werewolf Therapeutics Director, 10 Percent Owner . Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

MiMedx Valuation on May 31, 2024

It is possible to determine the worth of MiMedx on a given historical date. On May 31, 2024 MiMedx was worth 7.16 at the beginning of the trading date compared to the closed value of 7.15. 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
  7.20    7.29    7.06    7.12    644,434  
05/31/2024
  7.16    7.19    7.01    7.15    604,101  
  7.23    7.28    7.01    7.10    643,422  
Backtest MiMedx  |  MiMedx History  |  MiMedx Valuation   PreviousNext  
Open Value
7.16
7.15
Closing Value
12.52
Upside

MiMedx Trading Date Momentum on May 31, 2024

On June 03 2024 MiMedx Group was traded for  7.10  at the closing time. The top price for the day was 7.28  and the lowest listed price was  7.01 . The trading volume for the day was 643.4 K. The trading history from June 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.70% . The trading delta at closing time against the current closing price is 3.22% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding149 M98.3 M
Net Loss-33.1 M-31.4 M

MiMedx Quarterly Net Working Capital

146.29 Million

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.
A focus of MiMedx technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MiMedx trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MiMedx Period Price Range

Low
March 21, 2025
0.00  NaN%
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 March 21, 2025 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.

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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