MINISO Group Holding Ltd ADR (NYSE: MNSO) is -24.07% 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 $18.17 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $18.14, the stock is -5.15% and 0.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -0.17% at the moment leaves the stock -6.98% off its SMA200. MNSO registered -21.81% loss for a year compared to 6-month loss of -20.51%. The firm has a 50-day simple moving average (SMA 50) of $18.0246 and a 200-day simple moving average (SMA200) of $19.502.
The stock witnessed a -2.42% gain in the last 1 month and extending the period to 3 months gives it a -5.96%, and is 3.54% 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 2.76% over the week and 5.66% over the month.
MINISO Group Holding Ltd ADR (MNSO) has around 7003 employees, a market worth around $5.60B and $2.45B in sales. Current P/E ratio is 16.57 and Fwd P/E is 11.75. Profit margin for the company is 13.86%. Distance from 52-week low is 45.00% and -34.54% from its 52-week high. The company has generated returns on investments over the last 12 months (13.34%).
The EPS is expected to grow by 5.18% this year
155.0 institutions hold shares in MINISO Group Holding Ltd ADR (MNSO), with institutional investors hold 10.12% of the company’s shares. The shares outstanding are 308.50M, and float is at 306.23M with Short Float at 2.50%. Institutions hold 10.04% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 3.03 million shares valued at $$57.81 million. The investor’s holdings represent 0.9699 of the MNSO Shares outstanding. As of 2024-06-30, the second largest holder is KEYWISE CAPITAL MANAGEMENT (HK) LTD with 5.19 million shares valued at $$98.92 million to account for 0.4149 of the shares outstanding. The other top investors are SCHRODER INVESTMENT MANAGEMENT GROUP which holds 4.95 million shares representing 0.3959 and valued at over $$94.4 million, while NORGES BANK holds 0.2159 of the shares totaling 2.7 million with a market value of $$51.47 million.
