Mainz Biomed N.V. (NASDAQ: MYNZ) is -78.46% lower on its value in year-to-date trading and has touched a low of $0.23 and a high of $3.39 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MYNZ stock was last observed hovering at around $0.25 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.25, the stock is -26.70% and -30.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing -1.65% at the moment leaves the stock -67.47% off its SMA200. MYNZ registered -91.96% loss for a year compared to 6-month loss of -77.07%.
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The stock witnessed a -34.48% gain in the last 1 month and extending the period to 3 months gives it a -55.38%, and is -22.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 19.83% over the week and 16.26% over the month.
Profit margin for the company is -2936.50%. Distance from 52-week low is 10.04% and -92.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-595.61%).
Mainz Biomed N.V. quarterly earnings per share for the current quarter are estimated at -0.25 with sales reaching $220k over the same period., but quarterly earnings will post 34.10% year-over-year. Quarterly sales are estimated to shrink -12.00% in year-over-year returns.
The shares outstanding are 21.17M, and float is at 17.15M with Short Float at 2.39%.
The top institutional shareholder in the company is NORTHERN TRUST CORP with over 29934.0 shares valued at $12004.0. The investor’s holdings represent 0.1414 of the MYNZ Shares outstanding. As of 2024-06-30, the second largest holder is VONTOBEL HOLDING LTD. with 25000.0 shares valued at $10025.0 to account for 0.1181 of the shares outstanding. The other top investors are GEODE CAPITAL MANAGEMENT, LLC which holds 15189.0 shares representing 0.0718 and valued at over $6090.0, while XTX TOPCO LTD holds 0.0537 of the shares totaling 11358.0 with a market value of $4555.0.
