MINISO Group Holding Ltd ADR (NYSE: MNSO) is -16.32% lower on its value in year-to-date trading and has touched a low of $12.51 and a high of $27.71 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 $22.71 in the last trading session, with the day’s loss setting it -2.72%.
Currently trading at $19.99, the stock is -12.03% and -15.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.93 million and changing -11.98% at the moment leaves the stock 0.45% off its SMA200. MNSO registered 12.24% gain for a year compared to 6-month gain of 35.43%.
The stock witnessed a -13.72% loss in the last 1 month and extending the period to 3 months gives it a 12.94%, and is -11.63% 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 4.40% over the week and 3.59% over the month.
MINISO Group Holding Ltd ADR (MNSO) has around 4964 employees, a market worth around $6.20B and $2.43B in sales. Current P/E ratio is 16.75 and Fwd P/E is 13.44. Profit margin for the company is 15.33%. Distance from 52-week low is 59.79% and -27.86% from its 52-week high. The company has generated returns on investments over the last 12 months (23.52%).
The EPS is expected to grow by 54.38% this year.
MINISO Group Holding Ltd ADR (MNSO) Top Institutional Holders
The shares outstanding are 310.69M, and float is at 307.30M with Short Float at 1.95%.
The top institutional shareholder in the company is MORGAN STANLEY with over 3.03 million shares valued at $57.81 million. The investor’s holdings represent 0.9727% of the MNSO Shares outstanding. As of 2024-06-30, the second largest holder is NORGES BANK with 2.7 million shares valued at $$51.47 million to account for 0.866 of the shares outstanding. The other top investors are VICTORY CAPITAL MANAGEMENT INC which holds 1.59 million shares representing 0.5096% and valued at over $30.29 million, while KEYWISE CAPITAL MANAGEMENT (HK) LTD holds 0.4149 of the shares totaling 5.19 million with a market value of $98.92 million.
MINISO Group Holding Ltd ADR (MNSO) Insider Activity
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