Reading the Tea Leaves for MiMedx Group, Inc. (MDXG)

Lloyd Doyle
January 13, 2018

The recent move of 12.06% gain helped the stock to close at $15.15 when trading ended on 01/09/2018. Gotham Asset Mngmt Ltd has 1.05M shares for 0.18% of their portfolio. With 1.92M avg volume, 22 days are for Mimedx Group Incorporated (NASDAQ:MDXG)'s short sellers to cover MDXG's short positions. (NASDAQ: MDXG) stock is found to be 6.13% volatile for the week, while 4.61% volatility is recorded for the month. We have $13.87 PT which if reached, will make NASDAQ:MDXG worth $81.05 million less.

The stock has a market cap of $1.57B and the number of outstanding shares has been calculated 109.62M. The firm accepts deposit products, such as interest and non-interest checking, savings, and money market accounts, as well as time deposits. It has a 30.85 P/E ratio. It also offers commercial lending products, including commercial mortgages, real estate development and construction loans, accounts receivable and inventory financing, agricultural, and governmental loans; consumer lending products comprising home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit; and mortgage lending products consisting of personal residential mortgages, and residential construction and investment mortgage loans. About 106,773 shares traded or 30.21% up from the average. The company has a market capitalization of $1,550.00, a PE ratio of 46.47, a PEG ratio of 1.73 and a beta of 0.88. Solaris Asset Management Llc invested in 0.04% or 5,315 shares. Boston Advisors LLC now owns 61,538 shares of the company's stock valued at $491,000 after buying an additional 9,155 shares during the last quarter. It worsened, as 31 investors sold CSL shares while 118 reduced holdings. It is down 0.00% since January 12, 2017 and is. It has outperformed by 11.62% the S&P500.

Wellington Management Group Llp increased Mimedx Group Inc (MDXG) stake by 2.07% reported in 2017Q3 SEC filing. Therefore 0 are positive. FB Financial had 3 analyst reports since February 10, 2017 according to SRatingsIntel. The third largest holder is Wellington Management Group Llp, which now holds $79.64 million worth of this stock and that ownership represents almost 4.8% of its market capitalization. Finally, Piper Jaffray Companies reissued a "buy" rating and set a $18.00 price objective on shares of MiMedx Group in a report on Friday, December 1st. After a recent check, MiMedx Group, Inc. (NASDAQ:MDXG) on Friday, August 18 with "Buy" rating. BidaskClub downgraded MiMedx Group from a buy rating to a hold rating in a research note on Saturday, August 26th.

MiMedx Group (MDXG) opened at $15.15 on Wednesday. (MDXG) in trading session dated Jun. 14, 2017. Topeka Capital Markets initiated the shares of CSL in report on Thursday, May 26 with "Buy" rating. MiMedx Group now has an average rating of "Buy" and a consensus target price of $10.85. The rating was maintained by Needham with "Buy" on Monday, June 26. The rating was maintained by Needham on Wednesday, December 13 with "Buy". Needham maintained MiMedx Group, Inc.

MDXG is now undervalued by -20.26% relative to the average 1-year price target of $19.00 taken from a group of Wall Street Analysts.

MiMedx Group, Inc., a biopharmaceutical company, develops and markets regenerative biologics utilizing human placental tissue allografts with patent-protected processes for various sectors of healthcare. Currently, the stock has a 3 months average volume of 2.23 million. Their biomaterial platform technologies include AmnioFix and EpiFix, their tissue technologies processed from human amniotic membrane that is derived from donated placentas. The companyÂ's proprietary processing methodology employs aseptic processing techniques in addition to terminal sterilization. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. Its down 0.05, from 2.02 in 2017Q2. The institutional investor owned 1,356,635 shares of the medical equipment provider's stock after buying an additional 10,103 shares during the quarter. Bamco has 64,800 shares. In the last 27 earnings reports, the company has topped earnings-per-share estimates 33% percent of times. Next Group holds 0.03% or 996 shares in its portfolio. Texas Permanent School Fund owns 75,539 shares. Rathbone Brothers Public Limited Company stated it has 10,000 shares. Pennsylvania-based Mycio Wealth Prtnrs Lc has invested 0.46% in MiMedx Group, Inc. (NASDAQ:MDXG). Williams Jones & Assoc Ltd Com holds 20,500 shares or 0.01% of its portfolio. The stock grabbed 45 new institutional investments totaling 3,785,061 shares while 21 institutional investors sold out their entire positions totaling 881,619 shares. Axa reported 0% stake. Great Lakes Advsr Llc accumulated 11,220 shares. Oppenheimer Asset Mngmt owns 7,176 shares or 0% of their United States portfolio.

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