MINISO Group Holding Ltd ADR (NYSE:MNSO) price closed lower on Tuesday, April 16, dropping -8.29% below its previous close.
A look at the daily price movement shows that the last close reads $20.74. The company’s P/E ratio in the trailing 12-month period read 18.93. Taking into account the 52-week price action we note that the stock hit a 52-week high of $29.49 and 52-week low of $14.25. The stock subtracted -2.04% on its value in the past month.
MINISO Group Holding Ltd ADR, which has a market valuation of $6.01 billion. The company stock has a Forward Dividend ratio of 0.41, while the dividend yield is 2.17%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give MNSO a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.83. The overview shows that MNSO’s price is at present -8.76% off the SMA20 and 0.88% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 39.46, with weekly volatility standing at 4.81%. The indicator jumps to 3.62% when calculated based on the past 30 days. MINISO Group Holding Ltd ADR (NYSE:MNSO)’s beta value is holding at 0.27, while the average true range (ATR) indicator is currently reading 0.91.
An analysis of the MINISO Group Holding Ltd ADR (NYSE:MNSO) stock in terms of its daily trading volume indicates that the 3-month average is 1.63 million.
Current records show that the company has 315.92M in outstanding shares. The insiders’ percentage holdings are 0.85% of outstanding shares while the percentage share held by institutions stands at 18.57%. But the -5.41% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
