MINISO Group Holding Ltd ADR (NYSE: MNSO) kicked off on November 20, 2023, at the price of $26.23, up 3.79% from the previous trading day. During the day, the shares moved up to $28.1599 and dropped to $26.20 before settling in for the closing price of $26.65. Over the past 52 weeks, MNSO has traded in a range of $8.87-$29.92.
A company in the Consumer Cyclical sector has jumped its sales by 4.91% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 29.23%. With a float of $315.83 million, this company’s outstanding shares have now reached $315.92 million.
In an organization with 3696 employees, it is important to assess its efficiency. In terms of profitability, gross margin is +38.73, operating margin of +18.38, and the pretax margin is +20.34.
MINISO Group Holding Ltd ADR (MNSO) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of MINISO Group Holding Ltd ADR is 0.03%, while institutional ownership is 21.10%.
MINISO Group Holding Ltd ADR (MNSO) Latest Financial update
In the latest quarterly report, which was put into the public domain on 6/29/2023, the organization reported $0.25 earnings per share (EPS), higher than consensus estimate (set at $0.22) by $0.03. This company achieved a net margin of +15.42 while generating a return on equity of 22.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.23% per share during the next fiscal year.
MINISO Group Holding Ltd ADR (NYSE: MNSO) Trading Performance Indicators
Take a look at MINISO Group Holding Ltd ADR’s (MNSO) current performance indicators. Last quarter, stock had a quick ratio of 2.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.82, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.23 in one year’s time.
Technical Analysis of MINISO Group Holding Ltd ADR (MNSO)
Let’s dig in a bit further. During the last 5-days, its volume was 1.18 million. That was inferior than the volume of 1.46 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 64.16%. Additionally, its Average True Range was 1.29.
During the past 100 days, MINISO Group Holding Ltd ADR’s (MNSO) raw stochastic average was set at 83.37%, which indicates a significant decrease from 84.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.78% in the past 14 days, which was lower than the 52.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.14, while its 200-day Moving Average is $20.24. However, in the short run, MINISO Group Holding Ltd ADR’s stock first resistance to watch stands at $28.48. Second resistance stands at $29.30. The third major resistance level sits at $30.44. If the price goes on to break the first support level at $26.52, it is likely to go to the next support level at $25.38. The third support level lies at $24.56 if the price breaches the second support level.
MINISO Group Holding Ltd ADR (NYSE: MNSO) Key Stats
The company with the Market Capitalisation of 8.74 billion has total of 315,922K Shares Outstanding. Its annual sales at the moment are 1,650 M in contrast with the sum of 254,370 K annual income. Company’s last quarter sales were recorded 448,500 K and last quarter income was 74,380 K.