At the time of writing, MINISO Group Holding Ltd ADR [MNSO] stock is trading at $16.28, up 2.58%. An important factor to consider is whether the stock is rising or falling in short-term value. The MNSO shares have gain 4.29% over the last week, with a monthly amount drifted -2.40%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
MINISO Group Holding Ltd ADR [NYSE: MNSO] stock has seen the most recent analyst activity on April 30, 2024, when JP Morgan initiated its Overweight rating and assigned the stock a price target of $30. Previously, Goldman reaffirmed its Buy rating on January 17, 2023. On June 13, 2022, Jefferies initiated with a Buy rating. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $25.20 on November 09, 2020.
For the past year, the stock price of MINISO Group Holding Ltd ADR fluctuated between $14.28 and $29.49. MINISO Group Holding Ltd ADR [NYSE: MNSO] shares were valued at $16.28 at the most recent close of the market.
Analyzing the MNSO fundamentals
According to MINISO Group Holding Ltd ADR [NYSE:MNSO], the company’s sales were 2.23B for trailing twelve months, which represents an 19.97% jump. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.26 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.97 points at the first support level, and at 15.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.56, and for the 2nd resistance point, it is at 16.83.
Ratios To Look Out For
It is important to note that MINISO Group Holding Ltd ADR [NYSE:MNSO] has a current ratio of 2.18. On the other hand, the Quick Ratio is 1.80, and the Cash Ratio is 1.46. Considering the valuation of this stock, the price to sales ratio is 2.26, the price to book ratio is 4.03 and price to earnings (TTM) ratio is 14.03.
