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NASDAQ:MYNA

Mynaric (MYNA) Stock Price, News & Analysis

Mynaric logo
$1.41 +0.01 (+0.71%)
(As of 11/22/2024 ET)

About Mynaric Stock (NASDAQ:MYNA)

Key Stats

Today's Range
$1.32
$1.43
50-Day Range
$0.70
$1.60
52-Week Range
$0.66
$7.58
Volume
35,206 shs
Average Volume
36,995 shs
Market Capitalization
$35.63 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial applications. It offers CONDOR, an optical inter-satellite link flight terminal for satellite-to-satellite communications in space; and HAWK, an airborne flight terminal for air-to-air and air-to-ground links of airborne vehicles. Its products provide wireless connectivity solutions to link satellites, high-altitude platforms, unmanned aerial vehicles, and aircraft. Mynaric AG was incorporated in 2009 and is headquartered in Munich, Germany.

Mynaric Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
11th Percentile Overall Score

MYNA MarketRank™: 

Mynaric scored higher than 11% of companies evaluated by MarketBeat, and ranked 600th out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Mynaric.

  • Earnings Growth

    Earnings for Mynaric are expected to grow in the coming year, from ($3.04) to ($1.88) per share.

  • Percentage of Shares Shorted

    1.07% of the outstanding shares of Mynaric have been sold short.
  • Short Interest Ratio / Days to Cover

    Mynaric has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Mynaric has recently decreased by 3.05%, indicating that investor sentiment is improving.
  • Dividend Yield

    Mynaric does not currently pay a dividend.

  • Dividend Growth

    Mynaric does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.07% of the outstanding shares of Mynaric have been sold short.
  • Short Interest Ratio / Days to Cover

    Mynaric has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Mynaric has recently decreased by 3.05%, indicating that investor sentiment is improving.
  • News Sentiment

    Mynaric has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 13 news articles for Mynaric this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Mynaric insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 5.40% of the stock of Mynaric is held by insiders.

  • Percentage Held by Institutions

    Only 4.13% of the stock of Mynaric is held by institutions.

  • Read more about Mynaric's insider trading history.
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MYNA Stock News Headlines

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MYNA Stock Analysis - Frequently Asked Questions

Mynaric's stock was trading at $5.84 at the beginning of 2024. Since then, MYNA stock has decreased by 75.9% and is now trading at $1.41.
View the best growth stocks for 2024 here
.

Mynaric (MYNA) raised $66 million in an initial public offering on Friday, November 12th 2021. The company issued 4,000,000 shares at a price of $16.50 per share. Credit Suisse, Jefferies, Canaccord Genuity and Beech Hill Securities acted as the underwriters for the IPO.

Shares of MYNA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Mynaric investors own include Rolls-Royce Holdings plc (RYCEY), Shopify (SHOP), Travel + Leisure (TNL), Taiwan Semiconductor Manufacturing (TSM), Adverum Biotechnologies (ADVM), Agnico Eagle Mines (AEM) and AMC Entertainment (AMC).

Company Calendar

Today
11/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communication services, not elsewhere classified
Sub-Industry
Communication
Current Symbol
NASDAQ:MYNA
Fax
N/A
Employees
250
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$5.83 million
Book Value
($2.36) per share

Miscellaneous

Free Float
23,908,000
Market Cap
$35.63 million
Optionable
Not Optionable
Beta
1.46
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This page (NASDAQ:MYNA) was last updated on 11/23/2024 by MarketBeat.com Staff
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