A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Mainz Biomed N.V’s current trading price is -92.86% away from its 52-week high, while its distance from the 52-week low is -0.61%. The stock’s price range for this time frame has been between $1.34 and $18.63. The trading volume of the company’s shares in the Healthcare reached around 0.5 million for the day, which was evidently higher than the average daily volume of 0.14 million over the last three months.
Mainz Biomed N.V (MYNZ) current stock price is $1.33. During the last trading session, the stock soared, reaching $14.0 after opening at $1.33. The stock’s lowest point was $14.0 before it closed at $1.71.
Mainz Biomed N.V’s stock has had a tumultuous market performance.
How Financial Performance Impacts Market Capitalization
Mainz Biomed N.V (MYNZ) has experienced a quarterly decline of -55.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.07M and boasts a workforce of 26 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.5910, with a change in price of -3.5800. Similarly, Mainz Biomed N.V recorded 180,037 in trading volume during the last 100 days, posting a change of -72.91%.
MYNZ Stock Stochastic Average
Mainz Biomed N.V’s raw stochastic average for the past 50 days is currently at 2.92%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 3.16%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 32.08% and 47.26%, respectively.
MYNZ Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -90.29%. However, over the last six months, the performance has been stronger by -75.09%. The price of MYNZ decreased -6.99% over the last 30 days. And in the last five days, it has fallen by -34.80%.
