Mynaric Ag Adr Stock Today
| MYNA Stock | USD 1.39 0.02 1.46% |
Performance9 of 100
| Odds Of DistressOver 71
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Mynaric AG is trading at 1.39 as of the 28th of November 2024, a 1.46% increase since the beginning of the trading day. The stock's open price was 1.37. Mynaric AG has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Mynaric AG ADR are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 12th of November 2021 | Category Technology | Classification Information Technology |
Mynaric AG engages in developing and manufacturing advanced laser communication technology for long-distance data transmission between moving objects for wireless terrestrial, airborne, and space applications in Germany and internationally. The company was incorporated in 2009 and is headquartered in Gilching, Germany. The company has 25.27 M outstanding shares of which 270.59 K shares are now shorted by private and institutional investors with about 7.42 trading days to cover. More on Mynaric AG ADR
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Mynaric Stock Highlights
| Chairman CEO | Mustafa Veziroglu | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite, Information Technology, Electronic Equipment, Instruments & Components, Communication Equipment, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsMynaric AG can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Mynaric AG's financial leverage. It provides some insight into what part of Mynaric AG's total assets is financed by creditors.
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Mynaric AG ADR (MYNA) is traded on NASDAQ Exchange in USA. It is located in Bertha-Kipfmüller-Straße 2-8, Munich, Germany, 81249 and employs 314 people. Mynaric AG is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 34.62 M. Mynaric AG ADR conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 25.27 M outstanding shares of which 270.59 K shares are now shorted by private and institutional investors with about 7.42 trading days to cover.
Mynaric AG ADR currently holds about 48.14 M in cash with (28.98 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationMynaric AG ADR maintains a total of 25.27 Million outstanding shares. Roughly 87.78 % of Mynaric AG outstanding shares are held by general public with 0.02 pct. owned by insiders and only 12.2 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Mynaric Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Moore Capital Management, Lp | 2024-06-30 | 330 K | |
| Bb&t Corp. | 2024-09-30 | 36.3 K | |
| Jane Street Group Llc | 2024-06-30 | 22.8 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.8 K | |
| Royal Bank Of Canada | 2024-06-30 | 736 | |
| Ubs Group Ag | 2024-06-30 | 388 | |
| Jpmorgan Chase & Co | 2024-06-30 | 184 | |
| Cubist Systematic Strategies, Llc | 2024-09-30 | 0.0 | |
| Ark Investment Management Llc | 2024-09-30 | 0.0 | |
| Citadel Advisors Llc | 2024-09-30 | 0.0 | |
| Point72 Asset Management, L.p. | 2024-09-30 | 0.0 |
Mynaric AG Historical Income Statement
Mynaric Stock Against Markets
Mynaric AG Corporate Management
| Thomas Dinges | Vice Relations | Profile | |
| Luis MartinNavajas | Chief Engineer | Profile | |
| Joachim Horwath | CTO Founder | Profile | |
| Sven MeyerBrunswick | Chief Officer | Profile | |
| Andreas Reif | Chief Officer | Profile | |
| Tino Schuldt | Chief Officer | Profile |
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Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mynaric AG. If investors know Mynaric will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mynaric AG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.04) | Revenue Per Share 0.223 | Quarterly Revenue Growth (0.69) | Return On Assets (0.46) | Return On Equity (2.34) |
The market value of Mynaric AG ADR is measured differently than its book value, which is the value of Mynaric that is recorded on the company's balance sheet. Investors also form their own opinion of Mynaric AG's value that differs from its market value or its book value, called intrinsic value, which is Mynaric AG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mynaric AG's market value can be influenced by many factors that don't directly affect Mynaric AG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mynaric AG's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mynaric AG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mynaric AG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.