MINISO Group Holding Ltd ADR (NYSE: MNSO) on Monday, plunged -6.02% from the previous trading day, before settling in for the closing price of $24.25. Within the past 52 weeks, MNSO’s price has moved between $12.51 and $27.71.
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A company in the Consumer Cyclical sector has jumped its sales by 10.06% annually for the last half of the decade. The company achieved an average annual earnings per share of 54.19%. With a float of $307.30 million, this company’s outstanding shares have now reached $310.69 million.
In an organization with 4964 employees, it is important to assess its efficiency. 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
Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. The insider ownership of MINISO Group Holding Ltd ADR is 0.85%, while institutional ownership is 11.48%.
MINISO Group Holding Ltd ADR (MNSO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 54.19% per share during the next fiscal year.
MINISO Group Holding Ltd ADR (NYSE: MNSO) Trading Performance Indicators
MINISO Group Holding Ltd ADR (MNSO) is currently performing well based on its current performance indicators. A quick ratio of 1.66 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 1.47 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 2.21 million. That was better than the volume of 1.94 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.82%. 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 67.63%, which indicates a significant increase from 2.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.73% in the past 14 days, which was higher than the 81.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.68, while its 200-day Moving Average is $19.73. However, in the short run, MINISO Group Holding Ltd ADR’s stock first resistance to watch stands at $23.15. Second resistance stands at $23.52. The third major resistance level sits at $23.76. If the price goes on to break the first support level at $22.54, it is likely to go to the next support level at $22.30. The third support level lies at $21.93 if the price breaches the second support level.
MINISO Group Holding Ltd ADR (NYSE: MNSO) Key Stats
Market capitalization of the company is 7.06 billion based on 314,645K outstanding shares. Right now, sales total 541,040 K and income totals 89,550 K. The company made 644,460 K in profit during its latest quarter, and 91,450 K in sales during its previous quarter.
