In last trading session, Mynaric AG ADR (NASDAQ:MYNA) saw 0.79 million shares changing hands with its beta currently measuring 1.72. Company’s recent per share price level of $0.42 trading at $0.03 or 7.79% at ring of the bell on the day assigns it a market valuation of $10.48M. That closing price of MYNA’s stock is at a discount of -1533.33% from its 52-week high price of $6.86 and is indicating a premium of 23.81% from its 52-week low price of $0.32. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.5 million shares which gives us an average trading volume of 288.95K if we extend that period to 3-months.
For Mynaric AG ADR (MYNA), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 5.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
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Mynaric AG ADR (NASDAQ:MYNA) trade information
Upright in the green during last session for gaining 7.79%, in the last five days MYNA remained trading in the green while hitting it’s week-highest on Tuesday, 12/17/24 when the stock touched $0.42 price level, adding 25.0% to its value on the day. Mynaric AG ADR’s shares saw a change of -92.80% in year-to-date performance and have moved 13.59% in past 5-day. Mynaric AG ADR (NASDAQ:MYNA) showed a performance of -69.76% in past 30-days. Number of shares sold short was 0.23 million shares which calculate 6.84 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 89.5% to its current value. Analysts have been projecting 4 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -852.38% in reaching the projected high whereas dropping to the targeted low would mean a loss of -852.38% for stock’s current value.
Mynaric AG ADR (MYNA) estimates and forecasts
This year revenue growth is estimated to rise 198.29% from the last financial year’s standing.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -4.80% during past 5 years.
Mynaric AG ADR (NASDAQ:MYNA)’s Major holders
ARK INVESTMENT MANAGEMENT LLC is the top institutional holder at MYNA for having 0.49 million shares of worth $2.04 million. And as of 2024-06-30, it was holding 8.0896 of the company’s outstanding shares.
The second largest institutional holder is MOORE CAPITAL MANAGEMENT, LP, which was holding about 0.33 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.4607 of outstanding shares, having a total worth of $1.33 million.
