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An In-Depth Look at Mainz Biomed N.V. Inc. (MYNZ) Price Performance During Market Crashes

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -58.88% this year. Over the last six months, there has been a stronger performance of -55.42%. The price of MYNZ leaped by -29.85% during the last 30 days period. For the last 5-days stocks have improved 18.95%.

Mainz Biomed N.V.’s stock market performance has been somewhat irregular. The 1-year high for the company’s stock was recorded at $5.01 on 07/12/23, with the lowest value being $0.31 on 07/01/24.

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52-week price history of MYNZ Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Mainz Biomed N.V.’s current trading price is -90.48% away from its 52-week high, while its distance from the 52-week low is 51.43%. The stock’s price range over this timeframe has been between $0.31 and $5.01. The shares of the Healthcare sector company recorded a trading volume of approximately 3.73 million for the day, which was comparatively higher than the average daily volume of 0.26 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Mainz Biomed N.V. (MYNZ) has experienced a quarterly decline of -56.24% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.44M.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8129, with a change in price of -0.5430. Similarly, Mainz Biomed N.V. recorded 223,725 in trading volume during the last 100 days, posting a change of -53.24%.

MYNZ’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for MYNZ stands at 1.96. Similarly, the long-term debt-to-equity ratio is also 0.36.

MYNZ Stock Stochastic Average

The raw stochastic average for Mainz Biomed N.V. over the last 50 days is presently at 21.18%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 32.08%. Further, the company’s Stochastic %K and %D values for the last 20 days were 16.49% and 9.18%, respectively.

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