Market Insight: MINISO Group Holding Ltd ADR (MNSO)’s Notable Drop, Closing at 17.70

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In the latest session, MINISO Group Holding Ltd ADR (NYSE: MNSO) closed at $17.70 down -7.09% from its previous closing price of $19.05. In other words, the price has decreased by -$7.09 from its previous closing price. On the day, 3.01 million shares were traded. MNSO stock price reached its highest trading level at $18.23 during the session, while it also had its lowest trading level at $17.59.

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.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on October 04, 2024, initiated with a Buy rating and assigned the stock a target price of $26.80.

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 5667735040 and an Enterprise Value of 17102439424. As of this moment, MINISO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.04, and their Forward P/E ratio for the next fiscal year is 11.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 4.12. Its current Enterprise Value per Revenue stands at 1.236 whereas that against EBITDA is 5.928.

Stock Price History:

Over the past 52 weeks, MNSO has reached a high of $27.76, while it has fallen to a 52-week low of $12.51. The 50-Day Moving Average of the stock is 1.34%, while the 200-Day Moving Average is calculated to be -6.20%.

Shares Statistics:

For the past three months, MNSO has traded an average of 2.91M shares per day and 1865070 over the past ten days. A total of 310.83M shares are outstanding, with a floating share count of 307.29M. Insiders hold about 0.86% of the company’s shares, while institutions hold 14.92% stake in the company. Shares short for MNSO as of 1728950400 were 6858974 with a Short Ratio of 2.35, compared to 1726185600 on 5733715. Therefore, it implies a Short% of Shares Outstanding of 6858974 and a Short% of Float of 3.4099999999999997.

Dividends & Splits

According to the company, the forward annual dividend rate for MNSO is 0.27, from 2.988 in the trailing year. Against a Trailing Annual Dividend Yield of 0.1568504

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