In the past week, MNSO stock has gone up by 14.81%, with a monthly gain of 12.27% and a quarterly surge of 20.04%. The volatility ratio for the week is 3.44%, and the volatility levels for the last 30 days are 5.97% for MINISO Group Holding Ltd ADR The simple moving average for the past 20 days is 6.32% for MNSO’s stock, with a 1.60% simple moving average for the past 200 days.
Is It Worth Investing in MINISO Group Holding Ltd ADR (NYSE: MNSO) Right Now?
MINISO Group Holding Ltd ADR (NYSE: MNSO) has a higher price-to-earnings ratio of 16.35x compared to its average ratio. MNSO has 36-month beta value of 0.18. Analysts have mixed views on the stock, with 8 analysts rating it as a “buy,” 5 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for MNSO is 308.04M, and currently, short sellers hold a 2.23% ratio of that float. The average trading volume of MNSO on October 28, 2024 was 2.71M shares.
MNSO) stock’s latest price update
MINISO Group Holding Ltd ADR (NYSE: MNSO)’s stock price has increased by 10.46 compared to its previous closing price of 17.41. However, the company has seen a 14.81% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-10-24 that TORONTO, Oct. 24, 2024 /PRNewswire/ — MINISO, the renowned global lifestyle brand, opened its newest IP Collection Store at Eaton Centre, Toronto, on October 19, featuring the beloved Sanrio characters. Building on the success of the West Vancouver flagship store, this new IP Collection Store further underscores MINISO’s commitment to providing well-designed, diverse IP products and delightful shopping experiences across Canada.
Analysts’ Opinion of MNSO
Many brokerage firms have already submitted their reports for MNSO stocks, with Citigroup repeating the rating for MNSO by listing it as a “Buy.” The predicted price for MNSO in the upcoming period, according to Citigroup is $26.80 based on the research report published on October 04, 2024 of the current year 2024.
MNSO Trading at 15.01% 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 -30.71% of loss for the given period.
Volatility was left at 5.97%, however, over the last 30 days, the volatility rate increased by 3.44%, as shares surge +9.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.57% upper at present.
During the last 5 trading sessions, MNSO rose by +14.63%, which changed the moving average for the period of 200-days by -11.81% in comparison to the 20-day moving average, which settled at $18.09. In addition, MINISO Group Holding Ltd ADR saw -4.36% 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
- 0.43 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 28.78, with 18.35 for asset returns.
The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is 46.33.
Currently, EBITDA for the company is 3.16 billion with net debt to EBITDA at -1.32. When we switch over and look at the enterprise to sales, we see a ratio of 2.48. The receivables turnover for the company is 9.54for trailing twelve months and the total asset turnover is 0.98. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.38.
Conclusion
To put it simply, MINISO Group Holding Ltd ADR (MNSO) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
