How to Buy Mainz Biomed Nv Stock
Mainz Biomed Nv
Mainz Biomed B. V. , a molecular genetics cancer diagnostic company, develops in-vitro diagnostic (IVD) and research use only tests for clinical diagnostics in human genetics.
Mainz Biomed Nv stock last closed at $3.07, down 4.66% from the previous day, and has decreased 91.18% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.61 percentage points. Mainz Biomed Nv stock is currently +15.85% from its 52-week low of $2.65, and -92.89% from its 52-week high of $43.20.
At the moment, there are 2.32M MYNZ shares outstanding. The market capitalization of MYNZ is $7.12M. In the last 24 hours, 45,490 MYNZ shares were traded.
How to Buy Mainz Biomed Nv Stock
Not sure how to invest in Mainz Biomed Nv stock? Here's how.
- Figure out where to buy Mainz Biomed Nv stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Mainz Biomed Nv stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your method of payment and add your info.
- Evaluate Mainz Biomed Nv stock: The Mainz Biomed Nv ticker symbol is MYNZ. Is Mainz Biomed Nv stock a good investment? Should you buy shares of MYNZ? How do MYNZ's underlying business fundamentals look? Do top analysts think Mainz Biomed Nv is a good buy? Why has MYNZ's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if MYNZ is a good stock to buy).
- Place your MYNZ purchase: Decide if you will purchase MYNZ shares at the current market price or use a limit order to purchase MYNZ shares at a given price.
- Monitor your MYNZ position: Create a watchlist to important notifications about your investment in Mainz Biomed Nv stock.
Step 1: Figure out where to buy Mainz Biomed Nv stock
You need an online brokerage account in order to access the NASDAQ market and buy MYNZ shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, you need to fill out some personal details so you are able to buy MYNZ today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have created your account on the stock trading app, you can securely and quickly fund your account:
Watch this video walkthrough if you need help depositing funds into your brokerage account.
Step 4: Evaluate Mainz Biomed Nv stock
After you have identified the best place to buy Mainz Biomed Nv stock, it's absolutely critical to research their stock prior to buying, so you can wrap your head around the risk and upside.
Mainz Biomed Nv Numbers
MYNZ Due Diligence Score
WallStreetZen was designed to help everyday investors do better fundamental analysis.
You can see all of the due diligence checks on MYNZ's stock page.
How is MYNZ stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge MYNZ's intrinsic value.
Using relative valuations methods:
- MYNZ may be undervalued based on its P/B ratio of 1.18x, relative to Diagnostics & Research industry P/B ratio of 3.22x
You can access more valuation research on MYNZ's stock here.
MYNZ Financial Overview
Signs that MYNZ is financially healthy:
- There are more short-term assets than short-term liabilities on the MYNZ balance sheet.
- There are more short-term assets than long-term liabilities on the MYNZ balance sheet.
- Total MYNZ debt is lower than 5 years ago, relative to shareholder equity.
Signs that MYNZ is not financially healthy:
- MYNZ has cash burn of 17171613. It does not have enough cash and short-term investments to cover this.
- MYNZ has $6.24M in cash and short term investments. This is not enough to cover its annual cash burn of $17.17M.
- MYNZ has a relatively high debt to equity ratio of 1.19.
- MYNZ profit margin has gone up by 5.15 percentage points in the past year, but the company is still unprofitable.
Is it a good time to buy Mainz Biomed Nv stock, according to Wall Street analysts?
Out of 1 sell side analysts who track MYNZ, the consensus analyst rating on Mainz Biomed Nv is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Mainz Biomed Nv stock forecast page.
MYNZ Technical Indicators
MYNZ Growth Metrics
Last year, MYNZ revenue was $893.99k. In the past five year, MYNZ's revenue has grown by 26.01% per year. This was faster than the Diagnostics & Research industry average of 9.93%.
You can analyze MYNZ's earnings and revenue performance here.
Latest Insiders Trades at MYNZ
Over the past 12 months, insiders at MYNZ have not bought or sold any shares.
Learn more about who owns MYNZ shares here.
Can I rely on MYNZ as an income stream?
No, Mainz Biomed Nv doesn't provide an income stream by paying out dividends.
What do other investors have to say about MYNZ?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your MYNZ purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular price, use a limit order.
Press the Open Trade button and your broker will execute your order.
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Step 6: Monitor your MYNZ position
Now that you own some shares in MYNZ, you'll want to keep up with your investment.
Put MYNZ on a watchlist to monitor your MYNZ stock.
MYNZ Feed
How to Buy Stock in Mainz Biomed Nv
To summarize, here are the 6 steps to buy Mainz Biomed Nv stock:
- Figure out where to buy Mainz Biomed Nv stock
- Sign up for a brokerage account
- Fund your investment account
- Evaluate Mainz Biomed Nv stock
- Place your MYNZ purchase
- Monitor your MYNZ position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Mainz Biomed Nv, add MYNZ to your watchlist below.
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