Mainz Biomed (MYNZ) Stock Price, News & Analysis

Company Overview

Mainz Biomed N.V. develops and sells in-vitro diagnostic tests for the early detection of cancer in the United States. The company offers ColoAlert, a colorectal cancer diagnostic molecular genetic stool test. It also develops PancAlert, a stool-based screening test for the detection of pancreatic cancer. The company was founded in 2008 and is based in Mainz, Germany.

Key Stats

• Today's Range: $5.19 to $7.22
• 50-Day Range: $3.78 to $12.80
• 52-Week Range: $3.65 to $49.60
• Volume: 664,752 shs
• Average Volume: 43,097 shs
• Market Capitalization: $13.36 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $120.00
• Consensus Rating: Hold

Mainz Biomed Stock Analysis - MarketRank™

Mainz Biomed scored higher than 50% of companies evaluated by MarketBeat, and ranked 504th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Mainz Biomed has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Mainz Biomed has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Mainz Biomed are expected to grow in the coming year, from ($23.60) to ($9.20) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Mainz Biomed is -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mainz Biomed is -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Mainz Biomed has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.53% of the float of Mainz Biomed has been sold short.

Short Interest Ratio / Days to Cover

Mainz Biomed has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mainz Biomed has recently decreased by 97.54%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

Mainz Biomed does not currently pay a dividend.

Dividend Growth

Mainz Biomed does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

5.53% of the float of Mainz Biomed has been sold short.

Short Interest Ratio / Days to Cover

Mainz Biomed has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Mainz Biomed has recently decreased by 97.54%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: -0.08

News Sentiment

Mainz Biomed has a news sentiment score of -0.08. 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 0.60 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Mainz Biomed this week, compared to 2 articles on an average week.

Search Interest

20 people have searched for MYNZ on MarketBeat in the last 30 days. This is an increase of 122% compared to the previous 30 days.

MarketBeat Follows

3 people have added Mainz Biomed to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

18.20% of the stock of Mainz Biomed is held by insiders. A high percentage of insider ownership can be a sign of company health.

MYNZ Stock Analysis - Frequently Asked Questions

How have MYNZ shares performed this year?

Mainz Biomed's stock was trading at $46.40 at the beginning of 2024. Since then, MYNZ stock has decreased by 85.6% and is now trading at $6.68.
View the best growth stocks for 2024 here.

How were Mainz Biomed's earnings last quarter?

Mainz Biomed (NASDAQ:MYNZ) posted its quarterly earnings data on Tuesday, August, 15th. The company reported ($22.40) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($16.80) by $5.60. The company earned $0.25 million during the quarter, compared to analysts' expectations of $0.25 million.

When did Mainz Biomed's stock split?

Mainz Biomed's stock reverse split on the morning of Tuesday, December 3rd 2024. The 1-40 reverse split was announced on Friday, November 29th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 2nd 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

When did Mainz Biomed IPO?

Mainz Biomed (MYNZ) raised $10 million in an initial public offering on Friday, November 5th 2021. The company issued 2,000,000 shares at a price of $4.00-$6.00 per share. Boustead Securities served as the underwriter for the IPO.

How do I buy shares of Mainz Biomed?

Shares of MYNZ 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 Mainz Biomed own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mainz Biomed investors own include Sangamo Therapeutics (SGMO), Meta Platforms (META), NVIDIA (NVDA), Ford Motor (F), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD) and PayPal (PYPL).

Company Calendar

• Last Earnings: 8/15/2023
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Pharmaceutical Products
• Current Symbol: NASDAQ:MYNZ
• CUSIP: N/A
• CIK: 1874252
• Web: mainzbiomed.com
• Phone: 49-6131-554-2860
• Fax: N/A
• Employees: 30
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $120.00
• High Stock Price Target: $120.00
• Low Stock Price Target: $120.00
• Potential Upside/Downside: +1,696.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

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: 0.24
• Quick Ratio: 0.19

Sales & Book Value

• Annual Sales: $900,000.00
• Price / Sales: 14.84
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $10.82 per share
• Price / Book: 0.62

Miscellaneous

• Outstanding Shares: 2,000,000
• Free Float: 1,637,000
• Market Cap: $13.36 million
• Optionable: Not Optionable
• Beta: 0.06