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MINISO Group Holding Ltd ADR (MNSO) – Don’t Be So Quick to Call it Dead

MINISO Group Holding Ltd ADR (NYSE: MNSO) is 22.00% higher on its value in year-to-date trading and has touched a low of $14.25 and a high of $29.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MNSO stock was last observed hovering at around $24.15 in the last trading session, with the day’s gains setting it 0.38%.

Currently trading at $24.53, the stock is 6.37% and 15.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing 1.57% at the moment leaves the stock 11.81% off its SMA200. MNSO registered 43.61% gain for a year compared to 6-month loss of -4.09%.

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The stock witnessed a 28.97% gain in the last 1 month and extending the period to 3 months gives it a 47.61%, and is 0.04% 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 4.63% over the week and 3.70% over the month.

MINISO Group Holding Ltd ADR (MNSO) has around 4964 employees, a market worth around $7.60B and $2.23B in sales. Current P/E ratio is 21.14 and Fwd P/E is 15.61. Profit margin for the company is 16.30%. Distance from 52-week low is 72.11% and -16.82% from its 52-week high. The company has generated returns on investments over the last 12 months (26.48%).

The EPS is expected to grow by 68.45% this year

The shares outstanding are 310.83M, and float is at 307.09M with Short Float at 1.54%.

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