In the last trading session, 1.5 million Mynaric AG ADR (NASDAQ:MYNA) shares changed hands as the company’s beta touched 1.56. With the company’s per share price at $1.83 changed hands at -$2.32 or -55.90% during last session, the market valuation stood at $45.62M. MYNA’s last price was a discount, traded about -314.21% off its 52-week high of $7.58. The share price had its 52-week low at $3.01, which suggests the last value was -64.48% down since then. When we look at Mynaric AG ADR’s average trading volume, we note the 10-day average is 0.15 million shares, with the 3-month average coming to 3.72K.
Analysts gave the Mynaric AG ADR (MYNA) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended MYNA as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Mynaric AG ADR’s EPS for the current quarter is expected to be 0.
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Mynaric AG ADR (NASDAQ:MYNA) trade information
Instantly MYNA was in red as seen at the end of in last trading. With action -56.84%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -68.67%, with the 5-day performance at -56.84% in the red. However, in the 30-day time frame, Mynaric AG ADR (NASDAQ:MYNA) is -53.90% down. Looking at the short shares, we see there were 9535.0 shares sold at short interest cover period of 2.45 days.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need an upside of 54.25% from its current market value. According to analyst projections, MYNA’s forecast low is 4 with 4 as the target high. To hit the forecast high, the stock’s price needs a -118.58% plunge from its current level, while the stock would need to soar -118.58% for it to hit the projected low.
Mynaric AG ADR (MYNA) estimates and forecasts
Data shows that the Mynaric AG ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -65.34% over the past 6 months, a 51.07% in annual growth rate that is considerably higher than the industry average of 32.00%. Year-over-year growth is forecast to reach 976.50% up from the last financial year.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -4.80%. The 2024 estimates are for Mynaric AG ADR earnings to increase by 51.39%.
MYNA Dividends
Mynaric AG ADR is expected to release its next quarterly earnings report in September.
MOORE CAPITAL MANAGEMENT, LP holds the second largest percentage of outstanding shares, with 5.6426% or 0.33 million shares worth $1.58 million as of 2024-03-31.
