The stock of Mynaric AG ADR (MYNA) has seen a -29.52% decrease in the past week, with a -58.95% drop in the past month, and a -73.75% decrease in the past quarter. The volatility ratio for the week is 13.13%, and the volatility levels for the past 30 days are at 16.70% for MYNA. The simple moving average for the past 20 days is -35.00% for MYNA’s stock, with a -86.14% simple moving average for the past 200 days.
Is It Worth Investing in Mynaric AG ADR (NASDAQ: MYNA) Right Now?
Company’s 36-month beta value is 1.53.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The average trading volume of MYNA on February 05, 2025 was 961.99K shares.
MYNA) stock’s latest price update
Mynaric AG ADR (NASDAQ: MYNA) has experienced a decline in its stock price by -14.67 compared to its previous closing price of 0.41. However, the company has seen a fall of -29.52% in its stock price over the last five trading days. accessnewswire.com reported 2025-01-31 that MUNICH, DE / ACCESS Newswire / January 31, 2025 / Mynaric AG (NASDAQ:MYNA)(ISIN: US62857X1019)(FRA:M0YN)(ISIN: DE000A31C305) (the “Company”) announces the extension of the maturity of its three bridge loans and the expectation to agree on a fourth bridge loan, a separate restructuring loan and an application for the initiation of a financial reorganization under the German Corporate Stabilization and Restructuring Act (Gesetz über den Stabilisierungs- und Restrukturierungsrahmen für Unternehmen (“StaRUG”). New maturity date of bridge loans The Company today entered into an amendment to its existing loan agreement with its U.S.-based lenders, which are funds affiliated with a U.S.-based global investment management firm (the “Lenders”), pursuant to which the Lenders have agreed to extend the maturity date of the three existing bridge loans in the aggregate amount of USD 21.5 million from January 31, 2025 to February 7, 2025.
Analysts’ Opinion of MYNA
Many brokerage firms have already submitted their reports for MYNA stocks, with Credit Suisse repeating the rating for MYNA by listing it as a “Outperform.” The predicted price for MYNA in the upcoming period, according to Credit Suisse is $10 based on the research report published on October 12, 2022 of the previous year 2022.
Jefferies, on the other hand, stated in their research note that they expect to see MYNA reach a price target of $23. The rating they have provided for MYNA stocks is “Buy” according to the report published on December 07th, 2021.
Canaccord Genuity gave a rating of “Buy” to MYNA, setting the target price at $40 in the report published on November 23rd of the previous year.
MYNA Trading at -52.07% from the 50-Day Moving Average
After a stumble in the market that brought MYNA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -94.07% of loss for the given period.
Volatility was left at 16.70%, however, over the last 30 days, the volatility rate increased by 13.13%, as shares sank -61.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -76.23% lower at present.
During the last 5 trading sessions, MYNA fell by -29.52%, which changed the moving average for the period of 200-days by -93.45% in comparison to the 20-day moving average, which settled at $0.5369. In addition, Mynaric AG ADR saw -53.17% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MYNA
Current profitability levels for the company are sitting at:
- -14.69 for the present operating margin
- -2.1 for the gross margin
The net margin for Mynaric AG ADR stands at -17.35. The total capital return value is set at -1.79.
Based on Mynaric AG ADR (MYNA), the company’s capital structure generated 2.27 points at debt to capital in total, while cash flow to debt ratio is standing at -0.33. The debt to equity ratio resting at -1.79. The interest coverage ratio of the stock is -4.99.
Currently, EBITDA for the company is -71.08 million with net debt to EBITDA at -0.91. When we switch over and look at the enterprise to sales, we see a ratio of 13.63. The receivables turnover for the company is 2.74for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
In a nutshell, Mynaric AG ADR (MYNA) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
