MINISO Group Holding Ltd ADR (MNSO) concluded trading on Thursday at a closing price of $16.32, with 1.7 million shares of worth about $27.67 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -9.67% during that period and on August 29, 2024 the price saw a gain of about 6.25%. Currently the company’s common shares owned by public are about 310.83M shares, out of which, 307.09M shares are available for trading.
Stock saw a price change of 1.75% in past 5 days and over the past one month there was a price change of -2.10%. Year-to-date (YTD), MNSO shares are showing a performance of -18.83% which decreased to -34.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.28 but also hit the highest price of $29.49 during that period. The average intraday trading volume for MINISO Group Holding Ltd ADR shares is 1.07 million. The stock is currently trading 5.38% above its 20-day simple moving average (SMA20), while that difference is down -5.24% for SMA50 and it goes to -18.25% lower than SMA200.
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MINISO Group Holding Ltd ADR (NYSE: MNSO) currently have 310.83M outstanding shares and institutions hold larger chunk of about 16.54% of that.
The stock has a current market capitalization of $5.05B and its 3Y-monthly beta is at 0.17. PE ratio of stock for trailing 12 months is 14.06, while it has posted earnings per share of $1.16 in the same period. Its PEG reads 0.69 and has Quick Ratio of 1.80 while making debt-to-equity ratio of 0.14. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MNSO, volatility over the week remained 3.28% while standing at 3.69% over the month.
Analysts are in expectations that MINISO Group Holding Ltd ADR (MNSO) stock would likely to be making an EPS of 0.28 in the current quarter, while forecast for next quarter EPS is 0.34 and it is 1.54 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.25 which is 0.29 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.25 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 54.18% while it is estimated to increase by 16.32% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on April 30, 2024 offering an Overweight rating for the stock and assigned a target price of $30 to it. On June 13, 2022, Jefferies Initiated their recommendations, while on November 09, 2020, Goldman Initiated their ratings for the stock with a price target of $25.20.
