The stock of MINISO Group Holding Ltd ADR (MNSO) has gone up by 3.70% for the week, with a -12.61% drop in the past month and a -32.03% drop in the past quarter. The volatility ratio for the week is 3.99%, and the volatility levels for the past 30 days are 3.63% for MNSO. The simple moving average for the last 20 days is -1.10% for MNSO stock, with a simple moving average of -23.23% for the last 200 days.
Is It Worth Investing in MINISO Group Holding Ltd ADR (NYSE: MNSO) Right Now?
The price-to-earnings ratio for MINISO Group Holding Ltd ADR (NYSE: MNSO) is above average at 13.41x. The 36-month beta value for MNSO is also noteworthy at 0.17. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for MNSO is 307.09M, and at present, short sellers hold a 1.91% of that float. The average trading volume of MNSO on August 21, 2024 was 1.07M shares.
MNSO) stock’s latest price update
MINISO Group Holding Ltd ADR (NYSE: MNSO)’s stock price has increased by 5.45 compared to its previous closing price of 14.76. However, the company has seen a 3.70% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-21 that Lucky 7, a series of perfumes co-created with seven masters, made its debut at MINISO’s store on 150 Broadway in New York and will soon roll out in stores across the US. NEW YORK, Aug. 21, 2024 /PRNewswire/ — For how long have people thought about good luck?
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 -12.89% 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 -47.22% of loss for the given period.
Volatility was left at 3.63%, however, over the last 30 days, the volatility rate increased by 3.99%, as shares sank -8.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.01% lower at present.
During the last 5 trading sessions, MNSO rose by +4.03%, which changed the moving average for the period of 200-days by -39.36% in comparison to the 20-day moving average, which settled at $15.67. In addition, MINISO Group Holding Ltd ADR saw -22.59% in overturn over a single year, with a tendency to cut further losses.
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 2.1. 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 summary, MINISO Group Holding Ltd ADR (MNSO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as 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.
