Mainz Biomed N.V. (NASDAQ: MYNZ) Becomes The New Buzzing Stock: Sports A Monthly Volatility Of 19.85%

Mainz Biomed N.V. (NASDAQ:MYNZ) does about 257.14K shares in volume on a normal day but saw 3734234 shares change hands in Monday trading. The company now has a market cap of 10.44M USD. Its current market price is $0.48, marking an increase of 22.94% compared to the previous close of $0.39. The 52 week high reached by this stock is $5.01 whilst the lowest price level in 52 weeks is $0.31.

Mainz Biomed N.V. (MYNZ) has a 20-day trading average at $0.5120 and the current price is -90.48% off the 52-week high compared with 51.43% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6358 and its 200-day simple moving average is $1.2429. If we look at the stock’s price movements over the week, volatility stands at 21.75%, which decreases to 19.85% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 45.85 to suggest the stock is neutral.

The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 84.0% over the period.

Mainz Biomed N.V. (MYNZ) stock is up 18.95% over the week and -29.85% over the past month. Its price is -58.88% year-to-date and -89.63% over the past year.

To reach the target analysts have set, the stock logically needs to grow 84.0 percent from here.

The company has a return on investment of -595.61%. The beta has a value of 0.15. Price to book ratio is 3.11 and price to sales ratio is 11.60.