Mainz Biomed N.V. (NASDAQ: MYNZ) Now -90.09% Off Its High ($4.71), Does Analysts See Headwinds And Risks?

Mainz Biomed N.V. (NASDAQ:MYNZ) currently has a daily average trading volume of 695.42K but it saw 4925143 shares traded in last market. With a market cap of 10.21M USD, the company’s current market price of $0.47 came rising about 36.23 while comparing to the previous closing price of $0.34. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.71 and as low as $0.31.

Taking a look at 20-day trading activity of Mainz Biomed N.V. (MYNZ) gives us an average price of $0.3992, while its current price level is -90.09% below from 52-week high level whereas it is 52.48% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.5216 while that of 200 days or SMA-200 reads an average of $1.0313. A closer look into the stock’s movement over the week reveals that its volatility is standing at 19.68% during that period while stretching the period over a month that decreases to 18.24%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.12 which implies that the stock is in neutral territory.

Over the week, MYNZ’s stock price is moving 29.61% up while it is 35.17% when we observe its performance for the past one month. Year-to-date it is -59.78% down and over the past year, the stock is showing a downside performance of -89.07%.

Currently, Mainz Biomed N.V.’s total number of outstanding shares is 21.17M. Company’s return on investment (ROI) stands at -595.61%. Stock’s beta reads 0.15. Stock has a price to book (P/B) ratio of 3.04 while price to sale or P/S ratio amounts to 11.35.