The stock of MINISO Group Holding Ltd ADR (MNSO) has gone down by -1.61% for the week, with a -7.10% drop in the past month and a 24.23% rise in the past quarter. The volatility ratio for the week is 4.55%, and the volatility levels for the past 30 days are 4.38% for MNSO. The simple moving average for the past 20 days is 4.60% for MNSO’s stock, with a 0.45% 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 price-to-earnings ratio of 16.12x that is above its average ratio. Additionally, the 36-month beta value for MNSO is 0.15. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 5 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 308.04M and currently, short sellers hold a 2.23% ratio of that float. The average trading volume of MNSO on November 06, 2024 was 2.82M shares.
MNSO) stock’s latest price update
MINISO Group Holding Ltd ADR (NYSE: MNSO)’s stock price has decreased by -3.85 compared to its previous closing price of 19.73. However, the company has seen a -1.61% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-03 that GUANGZHOU, China, Nov. 3, 2024 /PRNewswire/ — On October 29, MINISO held its Global Brand Strategic Upgrade Results Launch Conference 2024 in Shanghai. In 2023, the company announced its goal to become the World’s leading IP design retail group.
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 10.32% 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 -31.65% of loss for the given period.
Volatility was left at 4.38%, however, over the last 30 days, the volatility rate increased by 4.55%, as shares surge +0.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.52% upper at present.
During the last 5 trading sessions, MNSO fell by -1.61%, which changed the moving average for the period of 200-days by -6.69% in comparison to the 20-day moving average, which settled at $18.14. In addition, MINISO Group Holding Ltd ADR saw -5.65% 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 2.46. 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
In conclusion, MINISO Group Holding Ltd ADR (MNSO) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
