The simple moving average for the past 20 days is 9.15% for MIMI’s stock, with a 9.15% simple moving average for the past 200 days.
Is It Worth Investing in Mint Inc Ltd (NASDAQ: MIMI) Right Now?
On February 05, 2025, MIMI’s average trading volume was 305.00K shares.
MIMI) stock’s latest price update
Mint Inc Ltd (NASDAQ: MIMI)’s stock price has gone decline by -6.44 in comparison to its previous close of 5.98, however, the company has experienced a -15.48% decrease in its stock price over the last five trading days. globenewswire.com reported 2025-01-13 that Hong Kong, Jan. 13, 2025 (GLOBE NEWSWIRE) — Mint Incorporation Limited (Nasdaq: MIMI) (the “Company”), a Hong Kong-based interior design and fit out works provider, today announced the closing of its initial public offering (the “Offering”) of 1,750,000 Class A ordinary shares (the “Class A Ordinary Shares”), at a price of $4.00 per Ordinary Share (the “Offering Price”). The Class A Ordinary Shares commenced trading on the Nasdaq Capital Market on January 10, 2025 under the symbol “MIMI.”
MIMI Trading at 9.15% from the 50-Day Moving Average
After a stumble in the market that brought MIMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.20% of loss for the given period.
During the last 5 trading sessions, MIMI fell by -15.48%, in comparison to the 20-day moving average. In addition, Mint Inc Ltd saw 36.13% in overturn over a single year, with a tendency to cut further gains.
Conclusion
To wrap up, the performance of Mint Inc Ltd (MIMI) has been mixed in recent times. The stock has received a mixed of “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.
