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The closing price of Mynaric AG ADR (NASDAQ: MYNA) was $0.75 for the day, down -22.54% from the previous closing price of $0.96. In other words, the price has decreased by -$22.54 from its previous closing price. On the day, 1.22 million shares were traded. MYNA stock price reached its highest trading level at $0.8988 during the session, while it also had its lowest trading level at $0.7295.
Ratios:
Our analysis of MYNA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.74.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Credit Suisse on October 12, 2022, initiated with a Outperform rating and assigned the stock a target price of $10.
On December 07, 2021, Jefferies started tracking the stock assigning a Buy rating and target price of $23.
On November 23, 2021, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $40.Canaccord Genuity initiated its Buy rating on November 23, 2021, with a $40 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MYNA now has a Market Capitalization of 18833662 and an Enterprise Value of 68805416. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.19. Its current Enterprise Value per Revenue stands at 12.765 whereas that against EBITDA is -0.99.
Stock Price History:
Over the past 52 weeks, MYNA has reached a high of $6.35, while it has fallen to a 52-week low of $0.32. The 50-Day Moving Average of the stock is -30.46%, while the 200-Day Moving Average is calculated to be -74.95%.
Shares Statistics:
MYNA traded an average of 788.39K shares per day over the past three months and 3840630 shares per day over the past ten days. Shares short for MYNA as of 1734048000 were 185831 with a Short Ratio of 0.24, compared to 1731628800 on 246180. Therefore, it implies a Short% of Shares Outstanding of 185831 and a Short% of Float of 0.77.
