MINISO Group Holding Limited (NYSE:MNSO - Get Free Report)'s stock price traded down 4.9% during trading on Wednesday . The stock traded as low as $22.71 and last traded at $22.77. 152,535 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 1,061,521 shares. The stock had previously closed at $23.95.
MINISO Group Stock Performance
The company has a quick ratio of 1.66, a current ratio of 2.14 and a debt-to-equity ratio of 0.17. The company has a market cap of $7.23 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 0.81 and a beta of 0.07. The stock has a 50 day simple moving average of $23.87 and a 200 day simple moving average of $19.39.
MINISO Group (NYSE:MNSO - Get Free Report) last released its quarterly earnings results on Friday, November 29th. The company reported $0.30 earnings per share for the quarter. MINISO Group had a return on equity of 26.07% and a net margin of 15.18%. As a group, analysts predict that MINISO Group Holding Limited will post 1.19 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. SBI Securities Co. Ltd. acquired a new position in shares of MINISO Group in the 4th quarter valued at approximately $31,000. FMR LLC raised its holdings in MINISO Group by 230.2% in the third quarter. FMR LLC now owns 4,137 shares of the company's stock valued at $73,000 after acquiring an additional 2,884 shares in the last quarter. Venturi Wealth Management LLC bought a new position in MINISO Group during the 3rd quarter valued at $78,000. Blue Trust Inc. grew its holdings in MINISO Group by 167.0% during the 3rd quarter. Blue Trust Inc. now owns 5,210 shares of the company's stock worth $99,000 after acquiring an additional 3,259 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of MINISO Group in the 4th quarter worth about $163,000. Hedge funds and other institutional investors own 17.16% of the company's stock.
MINISO Group Company Profile
(
Get Free Report)
MINISO Group Holding Limited, an investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, Asia, the United States, and Europe. The company offers products in various categories, including home decor products, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care products, snacks, fragrances and perfumes, and stationeries and gifts under the MINISO and WonderLife brand names; and blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys under the TOP TOY brand.
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