Market Insight: MINISO Group Holding Ltd ADR (MNSO)’s Notable Drop, Closing at 13.72

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In the latest session, MINISO Group Holding Ltd ADR (NYSE: MNSO) closed at $13.72 down -16.65% from its previous closing price of $16.46. In other words, the price has decreased by -$16.65 from its previous closing price. On the day, 17.25 million shares were traded. MNSO stock price reached its highest trading level at $14.2497 during the session, while it also had its lowest trading level at $13.19.

Ratios:

For a deeper understanding of MINISO Group Holding Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.92 and its Current Ratio is at 2.38. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.15.

On April 30, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $30.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNSO now has a Market Capitalization of 5293793280 and an Enterprise Value of 12156215296. As of this moment, MINISO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.66, and their Forward P/E ratio for the next fiscal year is 8.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 3.19. Its current Enterprise Value per Revenue stands at 0.723 whereas that against EBITDA is 3.436.

Stock Price History:

Over the past 52 weeks, MNSO has reached a high of $27.87, while it has fallen to a 52-week low of $14.28. The 50-Day Moving Average of the stock is -15.43%, while the 200-Day Moving Average is calculated to be -28.74%.

Shares Statistics:

For the past three months, MNSO has traded an average of 1.31M shares per day and 3352880 over the past ten days. A total of 310.83M shares are outstanding, with a floating share count of 308.04M. Insiders hold about 0.85% of the company’s shares, while institutions hold 14.94% stake in the company. Shares short for MNSO as of 1724976000 were 5768199 with a Short Ratio of 4.42, compared to 1722384000 on 5869657. Therefore, it implies a Short% of Shares Outstanding of 5768199 and a Short% of Float of 2.8499998.

Dividends & Splits

According to the company, the forward annual dividend rate for MNSO is 0.27, from 1.994 in the trailing year. Against a Trailing Annual Dividend Yield of 0.121142164

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