Mynaric, a German company that makes lasers for aerospace applications, completed a $66 million initial public offering, selling American depositary shares at $16 each, below the expected $17.48 pricing level.
Mynaric ADRs will commence trading on the Nasdaq later today, but shares are available for limit orders on Robinhood and other platforms.
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| Latest market close | $1.37 |
|---|---|
| 52-week range | $0.66 - $7.58 |
| 50-day moving average | $1.31 |
| 200-day moving average | $3.49 |
| Wall St. target price | $8.51 |
| PE ratio | N/A |
| Dividend yield | N/A |
| Earnings per share (TTM) | $-4.08 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $1.37 from 2024-11-22
| 1 week (2024-11-19) | -6.68% |
|---|---|
| 1 month (2024-10-25) | 20.70% |
| 3 months (2024-08-26) | 21.25% |
| 6 months (2024-05-24) | -71.34% |
| 1 year (2023-11-24) | -69.42% |
|---|---|
| 2 years (2022-11-25) | -69.68% |
| 3 years (2021-11-26) | 16.93 |
| 5 years (2019-11-23) | N/A |
| Revenue TTM | $5.4 million |
|---|---|
| Gross profit TTM | $-8,685,000 |
| Return on assets TTM | -45.95% |
| Return on equity TTM | -234.24% |
| Profit margin | 0% |
| Book value | $-7.91 |
| Market Capitalization | $35.4 million |
TTM: trailing 12 months
We're not expecting Mynaric to pay a dividend over the next 12 months.
You may also wish to consider:
Over the last 12 months, Mynaric's shares have ranged in value from as little as $0.6587 up to $7.58. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Mynaric's is 1.105. This would suggest that Mynaric's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
To put Mynaric's beta into context you can compare it against those of similar companies.
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. .
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