MINISO Group Holding Ltd ADR (NYSE: MNSO) is -13.06% 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 $19.92 in the last trading session, with the day’s gains setting it 0.85%.
Currently trading at $20.77, the stock is 14.36% and 13.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 4.27% at the moment leaves the stock 7.76% off its SMA200. MNSO registered -18.07% loss for a year compared to 6-month loss of 9.03%.
The stock witnessed a 25.27% gain in the last 1 month and extending the period to 3 months gives it a -8.18%, and is 12.15% 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 4.00% over the week and 3.35% over the month.
MINISO Group Holding Ltd ADR (MNSO) has around 7003 employees, a market worth around $6.42B and $2.36B in sales. Current P/E ratio is 17.76 and Fwd P/E is 12.37. Profit margin for the company is 15.40%. Distance from 52-week low is 66.03% and -25.05% from its 52-week high. The company has generated returns on investments over the last 12 months (21.72%).
The EPS is expected to grow by 16.98% this year
The shares outstanding are 308.50M, and float is at 306.23M with Short Float at 2.34%.
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 0.4149 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 0.3959 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 3.03 million shares representing 0.2425 and valued at over $57.81 million, while NORGES BANK holds 0.2159 of the shares totaling 2.7 million with a market value of $51.47 million.
