Mynaric (NASDAQ:MYNA) Trading 0.7% Higher – Time to Buy?

Mynaric AG (NASDAQ:MYNAGet Free Report) shares traded up 0.7% on Friday . The company traded as high as $1.43 and last traded at $1.41. 35,206 shares were traded during trading, a decline of 49% from the average session volume of 69,172 shares. The stock had previously closed at $1.40.

Mynaric Stock Performance

The firm’s 50-day moving average is $1.34 and its 200-day moving average is $2.86.

Mynaric Company Profile

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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.

Further Reading

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