In the latest trading session, 5.45 million Mynaric AG ADR (NASDAQ:MYNA) shares changed hands as the company’s beta touched 1.60. With the company’s most recent per share price at $0.51 changing hands around $0.07 or 14.91% at last look, the market valuation stands at $12.59M. MYNA’s current price is a discount, trading about -1186.27% off its 52-week high of $6.56. The share price had its 52-week low at $0.32, which suggests the last value was 37.25% up since then. When we look at Mynaric AG ADR’s average trading volume, we note the 10-day average is 1.84 million shares, with the 3-month average coming to 409.63K.
Analysts gave the Mynaric AG ADR (MYNA) stock a consensus recommendation rating of Hold, calculated at a mean rating of 5.00. 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 is in green as seen in intraday trades today. With action 5.47%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -91.35%, with the 5-day performance at 5.47% in the green. However, in the 30-day time frame, Mynaric AG ADR (NASDAQ:MYNA) is -63.12% down. Looking at the short shares, we see there were 0.23 million shares sold at short interest cover period of 6.84 days.
The consensus price target for the stock as assigned by Wall Street analysts is 4, meaning bulls need an upside of 87.25% from its recent 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 -684.31% plunge from its current level, while the stock would need to soar -684.31% for it to hit the projected low.
Mynaric AG ADR (MYNA) estimates and forecasts
Year-over-year growth is forecast to reach 198.29% 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 37.19%.
Mynaric AG ADR (NASDAQ:MYNA)’s Major holders
MOORE CAPITAL MANAGEMENT, LP holds the second largest percentage of outstanding shares, with 5.4607% or 0.33 million shares worth $1.33 million as of 2024-06-30.
