Mynaric AG ADR (NASDAQ:MYNA) has a beta value of 1.48 and has seen 2.45 million shares traded in the last trading session. The company, currently valued at $11.94M, closed the last trade at $0.48 per share which meant it gained $0.02 on the day or 4.59% during that session. The MYNA stock price is -1425.0% off its 52-week high price of $7.32 and 33.33% above the 52-week low of $0.32. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.01 million shares traded. The 3-month trading volume is 308.05K shares.
The consensus among analysts is that Mynaric AG ADR (MYNA) is Hold stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
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Mynaric AG ADR (NASDAQ:MYNA) trade information
Sporting 4.59% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MYNA stock price touched $0.48 or saw a rise of 14.29%. Year-to-date, Mynaric AG ADR shares have moved -91.80%, while the 5-day performance has seen it change 4.70%. Over the past 30 days, the shares of Mynaric AG ADR (NASDAQ:MYNA) have changed -65.79%. Short interest in the company has seen 0.23 million shares shorted with days to cover at 6.84.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 88.0% from current levels. The projected low price target is $4.0 while the price target rests at a high of $4.0. In that case, then, we find that the current price level is -733.33% off the targeted high while a plunge would see the stock gain -733.33% from current levels.
Mynaric AG ADR (MYNA) estimates and forecasts
Figures show that Mynaric AG ADR shares have outperformed across the wider relevant industry. The company’s shares have lost -88.23% over the past 6 months, with this year growth rate of 27.45%, compared to 26.20% for the industry. Revenue growth from the last financial year stood is estimated to be 198.29%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -4.80% over the past 5 years.
MYNA Dividends
Mynaric AG ADR is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Mynaric AG ADR (NASDAQ:MYNA)’s Major holders
The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 0.49 million shares worth more than $2.04 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 8.0896% of shares outstanding.
The other major institutional holder is MOORE CAPITAL MANAGEMENT, LP, with the holding of over 0.33 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.33 million and represent 5.4607% of shares outstanding.
