Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $22.71 in the prior trading day, MINISO Group Holding Ltd ADR (NYSE: MNSO) closed at $19.99, down -11.98%. In other words, the price has decreased by -$11.98 from its previous closing price. On the day, 3.93 million shares were traded.
Ratios:
Our goal is to gain a better understanding of MNSO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.66 and its Current Ratio is at 2.14. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.17.
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:
As of this moment, MINISO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.75, and their Forward P/E ratio for the next fiscal year is 13.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.51. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 4.57.
Stock Price History:
Over the past 52 weeks, MNSO has reached a high of $27.71, while it has fallen to a 52-week low of $12.51. The 50-Day Moving Average of the stock is -15.01%, while the 200-Day Moving Average is calculated to be 0.45%.
Shares Statistics:
A total of 310.69M shares are outstanding, with a floating share count of 307.30M. Insiders hold about 0.85% of the company’s shares, while institutions hold 10.56% stake in the company.
