MINISO Group Holding Ltd ADR [MNSO] stock prices are up 2.39% to $17.54 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MNSO shares have gain 27.84% over the last week, with a monthly amount glided 7.48%, and 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 September 25, 2024, when JP Morgan downgraded its rating to a Neutral. Previously, Jefferies downgraded its rating to Hold on September 24, 2024. On September 23, 2024, downgrade downgraded it’s rating to Underperform. JP Morgan started tracking the stock assigning a Overweight rating and suggested a price target of $30 on April 30, 2024. Goldman reiterated its recommendation of a Buy. In a note dated November 09, 2020, Goldman initiated an Buy rating and provided a target price of $25.20 on this stock.
The stock price of MINISO Group Holding Ltd ADR [MNSO] has been fluctuating between $12.51 and $27.87 over the past year. Currently, Wall Street analysts expect the stock to reach $13.96 within the next 12 months. MINISO Group Holding Ltd ADR [NYSE: MNSO] shares were valued at $17.54 at the most recent close of the market. An investor can expect a potential drop of -20.41% based on the average MNSO price forecast.
Analyzing the MNSO fundamentals
The MINISO Group Holding Ltd ADR [NYSE:MNSO] reported sales of 2.33B for trailing twelve months, representing a surge of 20.27%. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.26 and Total Capital is 0.27. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
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 16.57 points at the first support level, and at 15.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.14, and for the 2nd resistance point, it is at 20.74.
Ratios To Look Out For
It’s worth pointing out that MINISO Group Holding Ltd ADR [NYSE:MNSO]’s Current Ratio is 2.38. Also, the Quick Ratio is 1.92, while the Cash Ratio stands at 1.42. Considering the valuation of this stock, the price to sales ratio is 2.34, the price to book ratio is 4.08 and price to earnings (TTM) ratio is 14.91.
