Mynaric AG ADR [MYNA] stock prices are up 36.77% to $0.63 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MYNA shares have gain 61.67% over the last week, with a monthly amount drifted -53.98%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Mynaric AG ADR [MYNA] has been fluctuating between $0.32 and $6.53 over the past year. Currently, Wall Street analysts expect the stock to reach $4 within the next 12 months. Mynaric AG ADR [NASDAQ: MYNA] shares were valued at $0.63 at the most recent close of the market. An investor can expect a potential return of 534.92% based on the average MYNA price forecast.
Analyzing the MYNA fundamentals
The Mynaric AG ADR [NASDAQ:MYNA] reported sales of 5.83M for trailing twelve months, representing a drop of -76.64%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -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 0.4570 points at the first support level, and at 0.2835 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7770, and for the 2nd resistance point, it is at 0.9235.
Ratios To Look Out For
It’s worth pointing out that Mynaric AG ADR [NASDAQ:MYNA]’s Current Ratio is 0.74. As well, the Quick Ratio is 0.44, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 2.70.
