In today’s recent session, 1.96 million shares of the Mynaric AG ADR (NASDAQ:MYNA) have been traded, and its beta is 1.44. Most recently the company’s share price was $0.92, and it changed around $0.13 or 16.38% from the last close, which brings the market valuation of the company to $22.92M. MYNA at last check was trading at a discount to its 52-week high of $7.58, offering almost -723.91% off that amount. The share price’s 52-week low was $0.66, which indicates that the recent value has risen by an impressive 28.26% since then. We note from Mynaric AG ADR’s average daily trading volume that its 10-day average is 0.14 million shares, with the 3-month average coming to 86.93K.
Mynaric AG ADR stock received a consensus recommendation rating of Buy, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended MYNA as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Mynaric AG ADR is expected to report earnings per share of 0 for the current quarter.
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Mynaric AG ADR (NASDAQ:MYNA) trade information
Instantly MYNA has been showing a green trend so far today with a performance of 16.38% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.9600 on recent trading dayincreased the stock’s daily price by 4.17%. The company’s shares are currently down -84.26% year-to-date, but still up 39.30% over the last five days. On the other hand, Mynaric AG ADR (NASDAQ:MYNA) is -76.49% down in the 30-day period. We can see from the shorts that 7661.0 shares have been sold at a short interest cover period of 0.05 day(s).
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to increase their stock price by 77.0% from its current value. Analyst projections state that MYNA is forecast to be at a low of $4 and a high of $4.
Mynaric AG ADR (MYNA) estimates and forecasts
Mynaric AG ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -79.06 percent over the past six months and at a 51.07% annual growth rate that is well above the industry average of 32.80%. The year-over-year growth rate is expected to be 445.60%, up from the previous year. Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -4.80%.
Mynaric AG ADR (NASDAQ:MYNA)’s Major holders
MOORE CAPITAL MANAGEMENT, LP, with 5.4607% or 0.33 million shares worth $1.33 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
