Monro Inc (NASDAQ:MNRO) shares, rose in value, with the stock price up by 1.60% to the previous day’s close as strong demand from buyers drove the stock to $13.96.
Actively observing the price movement in the last trading, the stock closed the session at $13.74, falling within a range of $13.5 and $14.07. The value of beta (5-year monthly) was 1.098 whereas the PE ratio was 23.63 over 12-month period. Referring to stock’s 52-week performance, its high was $31.49, and the low was $13.67. On the whole, MNRO has fluctuated by -18.17% over the past month.
With the market capitalization of Monro Inc currently standing at about $418.09 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-28. The company’s Forward Dividend Ratio is 1.12, with its dividend yield at 8.02%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MNRO’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of MNRO currently trading nearly -8.13% and -17.06% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 36.46, while the 7-day volatility ratio is showing 5.09% which for the 30-day chart, stands at 6.03%. Furthermore, Monro Inc (MNRO)’s beta value is 0.94, and its average true range (ATR) is 0.91.
A comparison of Monro Inc (MNRO) with its peers suggests the former has fared considerably weaker in the market. MNRO showed an intraday change of 1.60% in last session, and over the past year, it shrunk by -53.25%%.
Data on historical trading for Monro Inc (NASDAQ:MNRO) indicates that the trading volumes over the past 10 days have averaged 0.96 and over the past 3 months, they’ve averaged 967.98K. According to company’s latest data on outstanding shares, there are 29.95 million shares outstanding.
Nearly 3.43% of Monro Inc’s shares belong to company insiders and institutional investors own 109.02% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 4.86 million shares as on 2025-03-31, resulting in a short ratio of 4.92. According to the data, the short interest in Monro Inc (MNRO) stood at 2358.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 4.32 million. The stock has fallen by -43.71% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MNRO stock heading into the next quarter.
