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 $0.98, up 1.03% from the previous day, and has decreased 83.47% in one year. It has underperformed other stocks in the Diagnostics & Research industry by 0.76 percentage points. Mainz Biomed Nv stock is currently +15.29% from its 52-week low of $0.85, and -83.83% from its 52-week high of $6.06.
At the moment, there are 21.17M MYNZ shares outstanding. The market capitalization of MYNZ is $20.74M. In the last 24 hours, 57,433 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.
Our recommended brokerage: eToro
In our opinion, eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Energy, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro today.
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 Zen 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 overvalued based on its P/B ratio of 6.38x, relative to Diagnostics & Research industry P/B ratio of 4.12x
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 long-term liabilities on the MYNZ balance sheet.
Signs that MYNZ is not financially healthy:
- There are more short-term liabilities than short-term assets on the MYNZ balance sheet.
- MYNZ has $7.07M in cash and short term investments. This is not enough to cover its annual cash burn of $23.84M.
- MYNZ has a relatively high debt to equity ratio of 3.74.
- MYNZ has cash burn of 23837686. It does not have enough cash and short-term investments to cover this.
- MYNZ profit margin has gone up by 20.43 percentage points in the past year, but the company is still unprofitable.
Is MYNZ stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who give ratings on MYNZ, the consensus analyst rating on MYNZ is a Buy
It's important to note that analyst ratings are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Mainz Biomed Nv stock forecast page.
Metrics for Advanced MYNZ Traders
How are MYNZ Revenues/Earnings doing?
Last year, MYNZ revenue was $895.48k. During the past 4 year, MYNZ's revenue has increased by 33.56% per year. This was faster than the Diagnostics & Research industry average of 12.91%.
Learn more about MYNZ's earnings and revenue performance here.
Who is buying/selling MYNZ?
Over the last 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.
MYNZ Social Trading Data
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your MYNZ purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Click the Open button and your broker will execute your order.
If you need additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your MYNZ position
Now that you own some shares in MYNZ, you'll want to stay up-to-date on your shares.
Start a watchlist to get notified of important updates regarding your MYNZ stock.
MYNZ Feed
How to Buy Stock in Mainz Biomed Nv
To reiterate, 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 are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Mainz Biomed Nv, click below.
Related Articles
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.