Metagenomi Inc (NASDAQ: MGX): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

MGX belongs to the Healthcare sector of the NASDAQ while operating in the Biotechnology industry. The current market capitalization of Metagenomi Inc is $58.69M. A total of 0.63 million shares were traded on the day, compared to an average of 367.73K shares.

In the most recent transaction, Wein Matthew sold 199 shares of MGX for 1.75 per share on Jun 06 ’25. After the transaction, the insider now owns 16,693 company shares. In a previous transaction on Jun 06 ’25, Noonberg Sarah B. sold 5,239 shares at 1.75 per share. MGX shares that Chief Medical Officer owns now total 109,135.

Among the insiders who sold shares, Wapnick Pamela disposed of 1,576 shares on Jun 06 ’25 at a per-share price of $1.75. This resulted in the Chief Financial Officer holding 72,108 shares of MGX after the transaction. In another insider transaction, Thomas Brian C. sold 10,785 shares at $1.75 per share on Jun 06 ’25. Company shares held by the Chief Executive Officer now total 2,517,491.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MGX has a high of $6.90 and a low of $1.23.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MGX’s latest balance sheet shows that the firm has $108.15M in Cash & Short Term Investments as of fiscal 2021. There were $48.93M in debt and $25.17M in liabilities at the time. Its Book Value Per Share was $5.69, while its Total Shareholder’s Equity was -$32.54M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock.

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