Checking the Overall Picture for MiMedx Group, Inc. (MDXG)

MiMedx Group, Inc. (MDXG) is an interesting player in the Healthcare space, with a focus on Medical Appliances & Equipment. The stock has been active on the tape, currently trading at $7.58, up from yesterday’s close by 2.16%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

MiMedx Group, Inc. (MDXG) currently trades with a market capitalization of $898.38 Million. That value represents a market adjusting for revenues that have been growing by 31.27 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $53.79 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.11 on a per share basis this quarter. Perhaps, that suggests something about why 12.31% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, MiMedx Group, Inc. recorded a 52-week high of $18.25. It is now trading 10.67% off that level. The stock is trading $12.86 its 50-day moving average by 5.28%. The stock carved out a 52-week low down at $6.05.

In recent action, MiMedx Group, Inc. (MDXG) has made a move of -50.59% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.8, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 38.78% with $102.71 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MDXG.

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