MNSO Stock Summary and Trading Ideas (Miniso Group Holding Limited American Depositary Shares Each Representing Four | NYSE:MNSO)

MINISO Group Holding Ltd is a retailer offering a variety of design-led lifestyle products. The principal activity of the Company is investment holding. The company's product categories include home decor, small electronics, textiles, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment includes the MINISO brand, which is engaged in the Design, buying and sale of lifestyle products, and the TOP TOY brand, which is engaged in the Design, buying and sale of pop toys. The company generates maximum revenue from the MINISO brand segment. Geographically, it derives a majority of its revenue from China.

Miniso Group Holding Limited American Depositary Shares Each Representing Four trades on the NYSE stock market under the symbol MNSO.

As of November 19, 2024, MNSO stock price declined to $17.58 with 726,270 million shares trading.

MNSO has a beta of 0.32, meaning it tends to be less sensitive to market movements. MNSO has a correlation of 0.00 to the broad based SPY ETF.

MNSO has a market cap of $5.50 billion. This is considered a Mid Cap stock.

Last quarter Miniso Group Holding Limited American Depositary Shares Each Representing Four reported $555 million in Revenue and $.28 earnings per share. This fell short of revenue expectation by $-11 million and met earnings estimates .

In the last 3 years, MNSO traded as high as $29.92 and as low as $4.45.

The top ETF exchange traded funds that MNSO belongs to (by Net Assets): AVEM, SPEM, PGJ, GXC, GMF.

MNSO has underperformed the market in the last year with a price return of -32.5% while the SPY ETF gained +32.5%. However, in the short term, MNSO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +17.2% vs +6.8% return in SPY. But in the last 2 weeks, MNSO shares have been beat by the market, returning -10.9% compared to an SPY return of +3.6%.

MNSO support price is $16.98 and resistance is $18.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MNSO shares will trade within this expected range on the day.