In the last trading session, 4.46 million shares of the Mynaric AG ADR (NASDAQ:MYNA) were traded, and its beta was 1.52. Most recently the company’s share price was $0.63, and it changed around $0.17 or 36.77% from the last close, which brings the market valuation of the company to $15.72M. MYNA currently trades at a discount to its 52-week high of $6.53, offering almost -936.51% off that amount. The share price’s 52-week low was $0.32, which indicates that the current value has risen by an impressive 49.21% since then. We note from Mynaric AG ADR’s average daily trading volume that its 10-day average is 3.01 million shares, with the 3-month average coming to 536.93K.
Mynaric AG ADR stock received a consensus recommendation rating of Buy, based on a mean score of 5.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended MYNA as a Hold, whereas 1 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.
Mynaric AG ADR (NASDAQ:MYNA) trade information
Instantly MYNA has showed a green trend with a performance of 36.77% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.7500 on recent trading dayincreased the stock’s daily price by 16.0%. The company’s shares are currently down -89.21% year-to-date, but still up 61.67% over the last five days. On the other hand, Mynaric AG ADR (NASDAQ:MYNA) is -53.98% down in the 30-day period. We can see from the shorts that 0.19 million shares have been sold at a short interest cover period of 0.63 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 84.25% 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
The year-over-year growth rate is expected to be 198.29%, 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%.
MYNA Dividends
Mynaric AG ADR’s next quarterly earnings report is expected to be released in January.
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.
