A share price of Mynaric AG ADR [MYNA] is currently trading at $0.42, up 7.79%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MYNA shares have gain 13.59% over the last week, with a monthly amount drifted -69.76%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Mynaric AG ADR [NASDAQ: MYNA] stock has seen the most recent analyst activity on October 12, 2022, when Credit Suisse initiated its Outperform rating and assigned the stock a price target of $10. Previously, Jefferies started tracking the stock with Buy rating on December 07, 2021, and set its price target to $23. On November 23, 2021, Canaccord Genuity initiated with a Buy rating and assigned a price target of $40 on the stock.
Mynaric AG ADR experienced fluctuations in its stock price throughout the past year between $0.32 and $6.86. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Mynaric AG ADR [NASDAQ: MYNA] shares were valued at $0.42 at the most recent close of the market. An investor can expect a potential return of 852.38% based on the average MYNA price forecast.
Analyzing the MYNA fundamentals
Trailing Twelve Months sales for Mynaric AG ADR [NASDAQ:MYNA] were 5.83M which represents -76.64% decline. Gross Profit Margin for this corporation currently stands at -6.19% with Operating Profit Margin at -15.02%, Pretax Profit Margin comes in at -17.56%, and Net Profit Margin reading is -17.52%. To continue investigating profitability, this company’s Return on Assets is posted at -0.79, Equity is 4.6 and Total Capital is -1.81. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.3674 points at the first support level, and at 0.3143 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.4762, and for the 2nd resistance point, it is at 0.5319.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Mynaric AG ADR [NASDAQ:MYNA] is 0.74. In addition, the Quick Ratio stands at 0.44 and the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 1.80.
