Mainz Biomed N.V [NASDAQ: MYNZ] stock went on an upward path that rose over 2.00% on Wednesday, amounting to a one-week price decrease of less than -10.40%.
Over the last 12 months, MYNZ stock dropped by -80.69%. The one-year Mainz Biomed N.V stock forecast points to a potential upside of 94.5. The average equity rating for MYNZ stock is currently 1.00, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $13.03 million, with 21.17 million shares outstanding and 17.46 million shares in the current float. Compared to the average trading volume of 3.19M shares, MYNZ stock reached a trading volume of 3752849 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Mainz Biomed N.V [MYNZ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MYNZ shares is $4.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MYNZ stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Mainz Biomed N.V shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 21, 2023. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on June 21, 2022, representing the official price target for Mainz Biomed N.V stock.
The Average True Range (ATR) for Mainz Biomed N.V is set at 0.04, with the Price to Sales ratio for MYNZ stock in the period of the last 12 months amounting to 14.47. The Price to Book ratio for the last quarter was 1.46, with the Price to Cash per share for the same quarter was set at 0.12.
MYNZ Stock Performance Analysis:
Mainz Biomed N.V [MYNZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.40. With this latest performance, MYNZ shares dropped by -26.63% in over the last four-week period, additionally sinking by -61.71% over the last 6 months – not to mention a drop of -80.69% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MYNZ stock in for the last two-week period is set at 43.28, with the RSI for the last a single of trading hit 42.17, and the three-weeks RSI is set at 43.99 for Mainz Biomed N.V [MYNZ]. The present Moving Average for the last 50 days of trading for this stock 0.2622, while it was recorded at 0.2315 for the last single week of trading, and 0.5779 for the last 200 days.
Insight into Mainz Biomed N.V Fundamentals:
Mainz Biomed N.V’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.91 and a Current Ratio set at 0.97.
Mainz Biomed N.V [MYNZ] Institutonal Ownership Details
The top three institutional holders of MYNZ stocks are: NORTHERN TRUST CORP with ownership of 29934.0 shares, which is approximately 0.1414%. VONTOBEL HOLDING LTD., holding 25000.0 shares of the stock with an approximate value of $$10025.0 in MYNZ stocks shares; and VONTOBEL HOLDING LTD., currently with $$6090.0 in MYNZ stock with ownership which is approximately 0.0718%.
