MINISO Group Holding Ltd ADR (NYSE: MNSO) is -4.96% 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 $18.1 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $18.03, the stock is 0.06% and -2.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing -0.39% at the moment leaves the stock -8.43% off its SMA200. MNSO registered -24.53% loss for a year compared to 6-month loss of -24.50%. The firm has a 50-day simple moving average (SMA 50) of $18.408 and a 200-day simple moving average (SMA200) of $19.6908.
The stock witnessed a 5.01% gain in the last 1 month and extending the period to 3 months gives it a -6.43%, and is 1.35% 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 1.54% over the week and 2.12% over the month.
MINISO Group Holding Ltd ADR (MNSO) has around 7003 employees, a market worth around $5.57B and $2.45B in sales. Current P/E ratio is 16.47 and Fwd P/E is 11.82. Profit margin for the company is 13.86%. Distance from 52-week low is 44.12% and -34.93% from its 52-week high. The company has generated returns on investments over the last 12 months (13.34%).
with sales reaching $4.85B over the same period.The EPS is expected to grow by 3.54% this year, but quarterly earnings will post 22.34% year-over-year. Quarterly sales are estimated to grow 20.24% in year-over-year returns.
150.0 institutions hold shares in MINISO Group Holding Ltd ADR (MNSO), with institutional investors hold 10.00% of the company’s shares. The shares outstanding are 308.50M, and float is at 306.23M with Short Float at 2.45%. Institutions hold 9.93% 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.
