MINISO Group Holding Ltd ADR (MNSO) is 1.34% away from 50-day simple Moving Average despite all headwinds

On Tuesday, MINISO Group Holding Ltd ADR (NYSE: MNSO) opened lower -7.09% from the last session, before settling in for the closing price of $19.05. Price fluctuations for MNSO have ranged from $12.51 to $27.76 over the past 52 weeks.

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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 10.06%. Company’s average yearly earnings per share was noted 54.69% at the time writing. With a float of $307.29 million, this company’s outstanding shares have now reached $310.83 million.

The extent of productivity of a business whose workforce counts for 4964 workers is very important to gauge. In terms of profitability, gross margin is 43.08%, operating margin of 19.81%, and the pretax margin is 20.67%.

MINISO Group Holding Ltd ADR (MNSO) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of MINISO Group Holding Ltd ADR is 0.86%, while institutional ownership is 14.92%.

MINISO Group Holding Ltd ADR (MNSO) Latest Financial update

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.29 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.26) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.38 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 54.69% per share during the next fiscal year.

MINISO Group Holding Ltd ADR (NYSE: MNSO) Trading Performance Indicators

Check out the current performance indicators for MINISO Group Holding Ltd ADR (MNSO). In the past quarter, the stock posted a quick ratio of 1.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.36.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.18, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.49 in one year’s time.

Technical Analysis of MINISO Group Holding Ltd ADR (MNSO)

The latest stats from [MINISO Group Holding Ltd ADR, MNSO] show that its last 5-days average volume of 2.2 million was superior to 1.87 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.37%. Additionally, its Average True Range was 1.15.

During the past 100 days, MINISO Group Holding Ltd ADR’s (MNSO) raw stochastic average was set at 58.19%, which indicates a significant increase from 14.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.03% in the past 14 days, which was higher than the 69.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.47, while its 200-day Moving Average is $18.92. Now, the first resistance to watch is $18.09. This is followed by the second major resistance level at $18.48. The third major resistance level sits at $18.73. If the price goes on to break the first support level at $17.45, it is likely to go to the next support level at $17.20. The third support level lies at $16.81 if the price breaches the second support level.

MINISO Group Holding Ltd ADR (NYSE: MNSO) Key Stats

There are currently 315,922K shares outstanding in the company with a market cap of 5.49 billion. Presently, the company’s annual sales total 541,040 K according to its annual income of 89,550 K. Last quarter, the company’s sales amounted to 555,260 K and its income totaled 80,860 K.