During the last session, Mynaric AG ADR (NASDAQ:MYNA)’s traded shares were 1.22 million, with the beta value of the company hitting 1.54. At the end of the trading day, the stock’s price was $0.75, reflecting an intraday loss of -22.54% or -$0.21. The 52-week high for the MYNA share is $6.35, that puts it down -746.67 from that peak though still a striking 57.33% gain since the share price plummeted to a 52-week low of $0.32. The company’s market capitalization is $18.58M, and the average intraday trading volume over the past 10 days was 3.84 million shares, and the average trade volume was 788.39K shares over the past three months.
Mynaric AG ADR (MYNA) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 5.00. MYNA has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Mynaric AG ADR (NASDAQ:MYNA) trade information
Mynaric AG ADR (MYNA) registered a -22.54% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -22.54% in intraday trading to $0.75, hitting a weekly high. The stock’s 5-day price performance is 69.51%, and it has moved by -46.43% in 30 days. Based on these gigs, the overall price performance for the year is -88.26%. The short interest in Mynaric AG ADR (NASDAQ:MYNA) is 0.19 million shares and it means that shorts have 0.63 day(s) to cover.
The consensus price target of analysts on Wall Street is $4, which implies an increase of 81.25% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $4 and $4 respectively. As a result, MYNA is trading at a discount of -433.33% off the target high and -433.33% off the low.
Mynaric AG ADR (MYNA) estimates and forecasts
In the rating firms’ projections, revenue will increase 198.29% compared to the previous financial year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -4.80%. While earnings are projected to return 37.19% in 2025.
MYNA Dividends
Mynaric AG ADR is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 0.33 million shares, is of MOORE CAPITAL MANAGEMENT, LP’s that is approximately 5.4607% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.33 million.
