Mynaric AG (NASDAQ:MYNA – Get Free Report) shares were up 23.8% during trading on Monday . The stock traded as high as $0.51 and last traded at $0.46. Approximately 3,712,686 shares changed hands 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 Price Performance
The firm’s 50-day moving average is $1.23 and its 200 day moving average is $2.37.
About Mynaric
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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