MINISO Group Holding Ltd ADR (NYSE: MNSO) is 0.00% lower on its value in year-to-date trading and has touched a low of $14.46 and a high of $29.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MNSO stock was last observed hovering at around $19.70 in the last trading session, with the day’s gains setting it 0.7%.
Currently trading at $20.40, the stock is 10.79% and 8.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 3.55% at the moment leaves the stock -4.31% off its SMA200. MNSO registered 9.21% gain for a year compared to 6-month loss of -27.53%. The firm has a 50-day simple moving average (SMA 50) of $0.45 and a 200-day simple moving average (SMA200) of $2.08.
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The stock witnessed a 20.00% gain in the last 1 month and extending the period to 3 months gives it a 10.39%, and is 13.84% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.74% over the week and 4.46% over the month.
MINISO Group Holding Ltd ADR (MNSO) has around 3696 employees, a market worth around $6.44B and $1.95B in sales. Current P/E ratio is 20.31. Profit margin for the company is 16.28%. Distance from 52-week low is 41.08% and -31.82% from its 52-week high. The company has generated returns on investments over the last 12 months (22.57%).
MINISO Group Holding Ltd ADR quarterly earnings per share for the current quarter are estimated at $0.29 with sales reaching $586.57M over the same period., but quarterly earnings will post 44.60% year-over-year.
MINISO Group Holding Ltd ADR (MNSO) Top Institutional Holders
285 institutions hold shares in MINISO Group Holding Ltd ADR (MNSO), with institutional investors hold 18.60% of the company’s shares. The shares outstanding are 315.92M, and float is at 313.23M with Short Float at 1.50%. Institutions hold 18.41% of the Float.
The top institutional shareholder in the company is Canada Pension Plan Investment Board with over 13.76 million shares valued at $233.8 million. The investor’s holdings represent 4.36% of the MNSO Shares outstanding. As of Jun 29, 2023, the second largest holder is Schroder Investment Management Group with 6.44 million shares valued at $109.39 million to account for 2.04% of the shares outstanding. The other top investors are Blackrock Inc. which holds 4.03 million shares representing 1.28% and valued at over $68.46 million, while Vanguard Group Inc holds 1.09% of the shares totaling 3.44 million with a market value of $58.46 million.
