MINISO Group Holding Ltd ADR (NYSE: MNSO) is -8.79% 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 $21.01 in the last trading session, with the day’s gains setting it 0.78%.
Currently trading at $21.79, the stock is 6.36% and -1.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.14 million and changing 3.71% at the moment leaves the stock 11.20% off its SMA200. MNSO registered 12.22% gain for a year compared to 6-month gain of 45.27%. The firm has a 50-day simple moving average (SMA 50) of $22.0944 and a 200-day simple moving average (SMA200) of $19.59615.
The stock witnessed a -1.98% loss in the last 1 month and extending the period to 3 months gives it a -9.51%, and is 3.96% 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 3.33% over the week and 3.99% over the month.
MINISO Group Holding Ltd ADR (MNSO) has around 4964 employees, a market worth around $6.72B and $2.43B in sales. Current P/E ratio is 18.26 and Fwd P/E is 14.70. Profit margin for the company is 15.33%. Distance from 52-week low is 74.18% and -21.36% 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 53.88% this year
180.0 institutions hold shares in MINISO Group Holding Ltd ADR (MNSO), with institutional investors hold 10.92% of the company’s shares. The shares outstanding are 310.69M, and float is at 305.71M with Short Float at 2.16%. Institutions hold 10.81% of the Float.
The top institutional shareholder in the company is VICTORY CAPITAL MANAGEMENT INC with over 1.59 million shares valued at $$30.29 million. The investor’s holdings represent 0.5096 of the MNSO Shares outstanding. As of 2024-06-30, the second largest holder is KEYWISE CAPITAL MANAGEMENT (HK) LTD with 5.19 million shares valued at $$98.92 million to account for 0.4149 of the shares outstanding. The other top investors are UBS GROUP AG which holds 1.29 million shares representing 0.4139 and valued at over $$24.6 million, while SCHRODER INVESTMENT MANAGEMENT GROUP holds 0.3959 of the shares totaling 4.95 million with a market value of $$94.4 million.
