How volatile is MGTX's EPS performance recently?

MeiraGTx Holdings PLC (MGTX) has shown volatile EPS performance recently, with significant fluctuations that indicate a challenging period for the company.

1. **Recent Volatility**: The 150-Day Historical Volatility (Close-to-Close) for MGTX was 0.7348 as of April 10, 2025. This suggests that the stock's price has experienced substantial volatility over the past months.

|code|Ticker|Name|Date|Weekly Volatility|market_code|
|---|---|---|---|---|---|
|MGTX|MGTX.O|MeiraGTx Holdings|20250311|2.504676|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250312|3.178064|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250313|10.979478|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250314|11.481467|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250317|11.345503|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250318|11.369165|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250319|11.25578|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250320|11.461067|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250321|3.486141|185|
|MGTX|MGTX.O|MeiraGTx Holdings|20250324|2.939152|185|

2. **Earnings Performance**: MGTX has reported quarterly losses that have exceeded market expectations, with a recent report of a quarterly loss of $0.76 per share versus the Zacks Consensus Estimate of a loss of $0.31. This represents a significant earnings miss, which could be a contributing factor to the volatility in the EPS performance.
3. **Revenue Performance**: The company's revenue has also fallen short of expectations, with a reported revenue of $0.28 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 98.28%. This decline in revenue could add to the pressure on the stock and amplify the volatility in its EPS performance.
4. **Institutional Activity**: Despite the volatility, institutional investors have shown interest in MGTX. For example, Los Angeles Capital Management LLC acquired a new position in the company in the first quarter, investing approximately $706,000 in 116,303 shares. This investment could provide some stability and confidence to investors, but it may not immediately curb the volatility in the stock's EPS performance.

In conclusion, MGTX's EPS performance has been highly volatile recently due to a combination of factors including significant earnings misses, revenue shortfalls, and market reactions to these financial results. The involvement of institutional investors may provide some stability but does not guarantee an immediate stabilization of the stock's volatility.