Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $24.71 in the prior trading day, MINISO Group Holding Ltd ADR (NYSE: MNSO) closed at $23.34, down -5.54%. In other words, the price has decreased by -$5.54 from its previous closing price. On the day, 1.18 million shares were traded. MNSO stock price reached its highest trading level at $23.76 during the session, while it also had its lowest trading level at $22.94.
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:
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 7558005760 and an Enterprise Value of 18084227072. As of this moment, MINISO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.56, and their Forward P/E ratio for the next fiscal year is 15.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.97 while its Price-to-Book (P/B) ratio in mrq is 5.34. Its current Enterprise Value per Revenue stands at 1.307 whereas that against EBITDA is 6.268.
Stock Price History:
Over the past 52 weeks, MNSO has reached a high of $25.50, while it has fallen to a 52-week low of $12.51. The 50-Day Moving Average of the stock is 22.38%, while the 200-Day Moving Average is calculated to be 21.84%.
Shares Statistics:
The stock has traded on average 3.15M shares per day over the past 3-months and 2975130 shares per day over the last 10 days, according to various share 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 11.51% stake in the company. Shares short for MNSO as of 1731628800 were 6861922 with a Short Ratio of 2.18, compared to 1728950400 on 6858974. Therefore, it implies a Short% of Shares Outstanding of 6861922 and a Short% of Float of 3.42.
