MINISO Group Holding Ltd ADR (MNSO) Stock: A Closer Look at the Market Potential

The price-to-earnings ratio for MINISO Group Holding Ltd ADR (NYSE: MNSO) is above average at 19.77x, Company’s 36-month beta value is 0.25.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for MNSO is 308.18M, and currently, short sellers hold a 1.54% ratio of that floaft. The average trading volume of MNSO on April 24, 2024 was 1.59M shares.

MNSO) stock’s latest price update

MINISO Group Holding Ltd ADR (NYSE: MNSO) has seen a rise in its stock price by 3.91 in relation to its previous close of 21.21. However, the company has experienced a 15.88% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-18 that Whenever I find good growth stock ideas for long term investing, I always check on the social media interest. There are stories being widely discussed with multibagger targets.

MNSO’s Market Performance

MINISO Group Holding Ltd ADR (MNSO) has seen a 15.88% rise in stock performance for the week, with a 7.35% gain in the past month and a 6.79% surge in the past quarter. The volatility ratio for the week is 3.08%, and the volatility levels for the past 30 days are at 3.40% for MNSO. The simple moving average for the past 20 days is 5.94% for MNSO’s stock, with a 2.32% simple moving average for the past 200 days.

Analysts’ Opinion of MNSO

Goldman gave a rating of “Buy” to MNSO, setting the target price at $25.20 in the report published on November 09th of the previous year.

MNSO Trading at 14.28% from the 50-Day Moving Average

After a stumble in the market that brought MNSO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.26% of loss for the given period.

Volatility was left at 3.40%, however, over the last 30 days, the volatility rate increased by 3.08%, as shares surge +6.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.82% upper at present.

During the last 5 trading sessions, MNSO rose by +15.88%, which changed the moving average for the period of 200-days by +29.88% in comparison to the 20-day moving average, which settled at $20.90. In addition, MINISO Group Holding Ltd ADR saw 9.61% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for MNSO

Current profitability levels for the company are sitting at:

  • 0.2 for the present operating margin
  • 0.4 for the gross margin

The net margin for MINISO Group Holding Ltd ADR stands at 0.16. The total capital return value is set at 0.27. Equity return is now at value 23.16, with 14.52 for asset returns.

The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is 64.28.

Currently, EBITDA for the company is 3.17 billion with net debt to EBITDA at -1.89. When we switch over and look at the enterprise to sales, we see a ratio of 3.57. The receivables turnover for the company is 9.44for trailing twelve months and the total asset turnover is 0.92. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.34.

Conclusion

In a nutshell, MINISO Group Holding Ltd ADR (MNSO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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