Mainz Biomed N.V. (NASDAQ: MYNZ) is -82.48% lower on its value in year-to-date trading and has touched a low of $0.19 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 $0.20 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.20, the stock is -34.62% and -40.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing 2.11% at the moment leaves the stock -72.78% off its SMA200. MYNZ registered -93.92% loss for a year compared to 6-month loss of -79.88%. The firm has a 50-day simple moving average (SMA 50) of $0.33786 and a 200-day simple moving average (SMA200) of $0.74198.
The stock witnessed a -53.13% gain in the last 1 month and extending the period to 3 months gives it a -48.69%, and is -20.03% 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 13.71% over the week and 15.64% over the month.
Profit margin for the company is -2936.50%. Distance from 52-week low is 9.72% and -94.01% from its 52-week high. The company has generated returns on investments over the last 12 months (-595.61%).
The shares outstanding are 21.17M, and float is at 17.15M with Short Float at 4.20%.
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.
