MINISO Group Holding Ltd ADR (NYSE: MNSO) is -23.19% 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 $18.94 in the last trading session, with the day’s loss setting it -0.59%.
Currently trading at $18.35, the stock is -9.51% and -15.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing -3.12% at the moment leaves the stock -6.11% off its SMA200. MNSO registered -12.18% loss for a year compared to 6-month gain of 10.14%. The firm has a 50-day simple moving average (SMA 50) of $21.7696 and a 200-day simple moving average (SMA200) of $19.5442.
The stock witnessed a -8.20% loss in the last 1 month and extending the period to 3 months gives it a -22.21%, and is -15.09% 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 4.95% over the week and 4.20% over the month.
MINISO Group Holding Ltd ADR (MNSO) has around 4964 employees, a market worth around $5.66B and $2.36B in sales. Current P/E ratio is 15.69 and Fwd P/E is 10.87. Profit margin for the company is 15.40%. Distance from 52-week low is 46.68% and -33.78% from its 52-week high. The company has generated returns on investments over the last 12 months (21.72%).
with sales reaching $4.35B over the same period.The EPS is expected to grow by 17.83% this year, but quarterly earnings will post 23.31% year-over-year. Quarterly sales are estimated to grow 16.88% in year-over-year returns.
MINISO Group Holding Ltd ADR (MNSO) Top Institutional Holders
179.0 institutions hold shares in MINISO Group Holding Ltd ADR (MNSO), with institutional investors hold 10.95% of the company’s shares. The shares outstanding are 308.34M, and float is at 305.71M with Short Float at 2.16%. Institutions hold 10.84% 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.
MINISO Group Holding Ltd ADR (MNSO) Insider Activity
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