Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. MINISO Group Holding Ltd ADR’s current trading price is -17.75% away from its 52-week high, while its distance from the 52-week low is 177.44%. The stock’s price range over this period has fluctuated between $8.87 and $29.92. The company, operating within the financial sector, had a trading volume of approximately 1.41 million for the day, which was noticeably lower than the average daily share volume of 1.75 million over the last 3 months.
MINISO Group Holding Ltd ADR (MNSO) stock is currently valued at $24.61. During the last session, the stock experienced a remarkable rise, reaching $28.1599 after opening at $26.23. The stock briefly dropped to $26.20 before ultimately closing at $27.66.
Elon Musk just Triggered a BOOM in These Stocks
Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"
Click Here to Download the FREE Report.
Sponsored
In terms of market performance, MINISO Group Holding Ltd ADR had a fairly even. The highest value for the stock in the past year was $29.92 on 09/15/23, and the lowest value was recorded at $8.87 on 11/22/22.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
MINISO Group Holding Ltd ADR (MNSO) has experienced a quarterly rise of 5.57% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.77B and boasts a workforce of 3696 employees.
MINISO Group Holding Ltd ADR: What Analysts Are Saying
As of right now, 15 analysts are rating MINISO Group Holding Ltd ADR as a BUY, 3 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.63, with a change in price of +7.86. Similarly, MINISO Group Holding Ltd ADR recorded 1,481,024 in trading volume during the last 100 days, posting a change of +46.26%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for MNSO stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.08.
MNSO Stock Stochastic Average
Today, MINISO Group Holding Ltd ADR’s raw stochastic average for the past 50 days stands at 19.64%, indicating a rise from the raw stochastic average of the last 20 days, which was 2.79%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 48.95% and 60.58% respectively.
MNSO Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 129.34%. However, over the last six months, the performance has been weaker by 48.51%. The price of MNSO decreased -3.31% over the last 30 days. And in the last five days, it has fallen by -6.79%.
