MINISO Group Holding Ltd ADR (NYSE: MNSO) is -8.74% lower on its value in year-to-date trading and has touched a low of $12.51 and a high of $27.76 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 $18.97 in the last trading session, with the day’s loss setting it -0.62%.
Currently trading at $18.35, the stock is 1.12% and 6.37% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing -3.27% at the moment leaves the stock -2.78% off its SMA200. MNSO registered -31.07% loss for a year compared to 6-month loss of -25.16%. The firm has a 50-day simple moving average (SMA 50) of $17.1956 and a 200-day simple moving average (SMA200) of $18.94505.
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The stock witnessed a -3.01% gain in the last 1 month and extending the period to 3 months gives it a 17.03%, and is -9.02% down 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 4.07% over the week and 4.20% over the month.
MINISO Group Holding Ltd ADR (MNSO) has around 4964 employees, a market worth around $5.70B and $2.33B in sales. Current P/E ratio is 15.60 and Fwd P/E is 12.14. Profit margin for the company is 15.83%. Distance from 52-week low is 46.68% and -33.89% from its 52-week high. The company has generated returns on investments over the last 12 months (23.93%).
The EPS is expected to grow by 55.91% this year
The shares outstanding are 310.83M, and float is at 308.04M with Short Float at 2.23%.
The top institutional shareholder in the company is KEYWISE CAPITAL MANAGEMENT (HK) LTD with over 5.19 million shares valued at $98.92 million. The investor’s holdings represent 1.6643 of the MNSO Shares outstanding. As of 2024-06-30, the second largest holder is SCHRODER INVESTMENT MANAGEMENT GROUP with 4.95 million shares valued at $94.4 million to account for 1.5882 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 3.03 million shares representing 0.9727 and valued at over $57.81 million, while NORGES BANK holds 0.866 of the shares totaling 2.7 million with a market value of $51.47 million.
