MINISO Group Holding Ltd ADR [NYSE: MNSO] loss -7.95% on the last trading session, reaching $15.16 price per share at the time.
If compared to the average trading volume of 2.60M shares, MNSO reached a trading volume of 3002976 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about MINISO Group Holding Ltd ADR [MNSO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MNSO shares is $22.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MNSO stock is a recommendation set at 1.52. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for MINISO Group Holding Ltd ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 04, 2024. The new note on the price target was released on September 25, 2024, representing the official price target for MINISO Group Holding Ltd ADR stock.
The Average True Range (ATR) for MINISO Group Holding Ltd ADR is set at 1.33, with the Price to Sales ratio for MNSO stock in the period of the last 12 months amounting to 2.02. The Price to Book ratio for the last quarter was 3.53, with the Price to Cash per share for the same quarter was set at 3.04.
Trading performance analysis for MNSO stock
MINISO Group Holding Ltd ADR [MNSO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.14. With this latest performance, MNSO shares gained by 0.13% in over the last four-week period, additionally sinking by -27.39% over the last 6 months – not to mention a drop of -39.92% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MNSO stock in for the last two-week period is set at 39.62, with the RSI for the last a single of trading hit 32.66, and the three-weeks RSI is set at 42.80 for MINISO Group Holding Ltd ADR [MNSO]. The present Moving Average for the last 50 days of trading for this stock 16.42, while it was recorded at 16.97 for the last single week of trading, and 19.13 for the last 200 days.
MINISO Group Holding Ltd ADR [MNSO]: A deeper dive into fundamental analysis
MINISO Group Holding Ltd ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.92 and a Current Ratio set at 2.38.
MINISO Group Holding Ltd ADR [MNSO]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, MINISO Group Holding Ltd ADR posted 0.29/share EPS, while the average EPS was predicted by analysts to be reported at 0.26/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MNSO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MINISO Group Holding Ltd ADR go to 20.33%.
An analysis of Institutional ownership at MINISO Group Holding Ltd ADR [MNSO]
The top three institutional holders of MNSO stocks are: KEYWISE CAPITAL MANAGEMENT (HK) LTD with ownership of 5.19 million shares, which is approximately 1.6643%. SCHRODER INVESTMENT MANAGEMENT GROUP, holding 4.95 million shares of the stock with an approximate value of $$94.4 million in MNSO stocks shares; and SCHRODER INVESTMENT MANAGEMENT GROUP, currently with $$57.81 million in MNSO stock with ownership which is approximately 0.9727%.
