MINISO Group Holding Ltd ADR (NYSE: MNSO) has a higher price-to-earnings ratio of 19.03x compared to its average ratio, The 36-month beta value for MNSO is at 0.21. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for MNSO is 307.09M, and currently, shorts hold a 1.29% of that float. The average trading volume for MNSO on June 05, 2024 was 1.63M shares.
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MNSO) stock’s latest price update
MINISO Group Holding Ltd ADR (NYSE: MNSO)’s stock price has decreased by -3.07 compared to its previous closing price of 22.78. However, the company has seen a -5.44% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-05-31 that MNSO, LNTH and LXFR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 31, 2023.
MNSO’s Market Performance
MNSO’s stock has fallen by -5.44% in the past week, with a monthly drop of -8.11% and a quarterly rise of 27.07%. The volatility ratio for the week is 3.10% while the volatility levels for the last 30 days are 3.55% for MINISO Group Holding Ltd ADR The simple moving average for the last 20 days is -6.54% for MNSO stock, with a simple moving average of -0.34% for the last 200 days.
Analysts’ Opinion of MNSO
Many brokerage firms have already submitted their reports for MNSO stocks, with JP Morgan repeating the rating for MNSO by listing it as a “Overweight.” The predicted price for MNSO in the upcoming period, according to JP Morgan is $30 based on the research report published on April 30, 2024 of the current year 2024.
MNSO Trading at -1.35% 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 -25.13% of loss for the given period.
Volatility was left at 3.55%, however, over the last 30 days, the volatility rate increased by 3.10%, as shares sank -8.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.12% upper at present.
During the last 5 trading sessions, MNSO fell by -5.27%, which changed the moving average for the period of 200-days by +9.78% in comparison to the 20-day moving average, which settled at $23.53. In addition, MINISO Group Holding Ltd ADR saw 9.81% 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
- 0.41 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 0.28. Equity return is now at value 29.60, with 18.72 for asset returns.
The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 64.85.
Currently, EBITDA for the company is 3.16 billion with net debt to EBITDA at -1.7. When we switch over and look at the enterprise to sales, we see a ratio of 3.2. The receivables turnover for the company is 9.11for trailing twelve months and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.18.
Conclusion
In conclusion, MINISO Group Holding Ltd ADR (MNSO) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.
