Mynaric (NASDAQ:MYNA) Trading 23.8% Higher – Should You Buy?

Mynaric AG (NASDAQ:MYNAGet Free Report)’s stock price was up 23.8% during mid-day trading on Monday . The company traded as high as $0.51 and last traded at $0.46. Approximately 3,712,686 shares were traded during mid-day trading, an increase of 8,399% from the average daily volume of 43,682 shares. The stock had previously closed at $0.37.

Mynaric Trading Up 23.8 %

The firm has a fifty day moving average of $1.23 and a 200-day moving average of $2.37.

About Mynaric

(Get Free Report)

Mynaric AG develops and manufactures laser communication products for aerospace-based communication networks for government and commercial markets in the United States and internationally. It operates through Air and Space segments. The company's laser communication technology provides long-distance data transmission between moving objects for wireless space, airborne, and terrestrial applications.

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