Stock Surge: Mynaric AG ADR (MYNA) Closes at 0.38, Marking a -20.67 Increase/Decrease

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In the latest session, Mynaric AG ADR (NASDAQ: MYNA) closed at $0.38 down -20.67% from its previous closing price of $0.48. In other words, the price has decreased by -$20.67 from its previous closing price. On the day, 1.92 million shares were traded. MYNA stock price reached its highest trading level at $0.5 during the session, while it also had its lowest trading level at $0.3626.

Ratios:

For a deeper understanding of Mynaric AG ADR’s stock, let’s take a closer look at its various ratios. 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 9603854 and an Enterprise Value of 66497964. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62. Its current Enterprise Value per Revenue stands at 12.337 whereas that against EBITDA is -0.957.

Stock Price History:

Over the past 52 weeks, MYNA has reached a high of $7.32, while it has fallen to a 52-week low of $0.32. The 50-Day Moving Average of the stock is -68.06%, while the 200-Day Moving Average is calculated to be -87.82%.

Shares Statistics:

For the past three months, MYNA has traded an average of 305.32K shares per day and 1265420 over the past ten days. Shares short for MYNA as of 1732838400 were 234892 with a Short Ratio of 0.77, compared to 1730332800 on 270593. Therefore, it implies a Short% of Shares Outstanding of 234892 and a Short% of Float of 0.97.

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