Mynaric (MYNA) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $0.41 to $0.50
• 50-Day Range: $0.37 to $1.52
• 52-Week Range: $0.33 to $261.20
• Volume: 1.26 million shs
• Average Volume: 129,466 shs
• Market Capitalization: $11.65 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Mynaric Stock Analysis - MarketRank™

Mynaric scored higher than 24% of companies evaluated by MarketBeat, and ranked 556th out of 657 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Mynaric.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

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

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.74% 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 0.4, 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 20.90%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Mynaric does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.74% 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 0.4, 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 20.90%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.29

News Sentiment

Mynaric has a news sentiment score of 0.29. 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 0.61 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 19 news articles for Mynaric this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for MYNA on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added Mynaric to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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.

MYNA Stock Analysis - Frequently Asked Questions

How have MYNA shares performed this year?

Mynaric's stock was trading at $5.84 on January 1st, 2024. Since then, MYNA shares have decreased by 92.1% and is now trading at $0.4610.
View the best growth stocks for 2024 here.

When did Mynaric IPO?

Mynaric (MYNA) raised $66 million in an initial public offering (IPO) 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 served as the underwriters for the IPO.

How do I buy shares of Mynaric?

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.

What other stocks do shareholders of Mynaric own?

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: 12/26/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Communication services, not elsewhere classified
• Sub-Industry: Communication
• Current Symbol: NASDAQ:MYNA
• CUSIP: N/A
• CIK: 1850453
• Web: mynaric.com
• Phone: 49-8105-799-9106
• Fax: N/A
• Employees: 250
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $5.39 million
• Price / Sales: 2.17
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($2.36) per share
• Price / Book: -0.20

Miscellaneous

• Outstanding Shares: 25,273,000
• Free Float: 23,908,000
• Market Cap: $11.70 million
• Optionable: Not Optionable
• Beta: 1.46