Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate MINISO Group Holding Ltd - ADR before investing.

In this article, we go over a few key elements for understanding MINISO Group Holding Ltd - ADR’s stock price such as:

• MINISO Group Holding Ltd - ADR’s current stock price and volume
• Why MINISO Group Holding Ltd - ADR’s stock price changed recently
• Upgrades and downgrades for MNSO from analysts
• MNSO’s stock price momentum as measured by its relative strength

About MINISO Group Holding Ltd - ADR (MNSO)

Before we jump into MINISO Group Holding Ltd - ADR’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

MINISO Group Holding Ltd is a China-based holding company mainly engaged in the development, retail and wholesale of lifestyle and pop toy products featuring intellectual property (IP) design. The Company's brands include MINISO and TOP TOY. MINISO products include home decor, small electronics, textile, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. TOP TOY brand products include blind boxes, toy bricks, model figures, model kits, collectible dolls, Ichiban Kuji, sculptures, and other popular toys. The Company mainly operates its businesses in China, other countries in Asia, America, Europe and other aeras.

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MINISO Group Holding Ltd - ADR’s Stock Price as of Market Close

As of September 27, 2024, 4:00 PM, CST, MINISO Group Holding Ltd - ADR’s stock price was $17.13.

MINISO Group Holding Ltd - ADR is up 11.02% from its previous closing price of $15.43.

During the last market session, MINISO Group Holding Ltd - ADR’s stock traded between $15.07 and $16.76. Currently, there are 312.57 million shares of MINISO Group Holding Ltd - ADR stock available for purchase.

MINISO Group Holding Ltd - ADR’s price-earnings (P/E) ratio is currently at 14.0, which is low compared to the Retailers - Department Stores industry median of 18.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

MINISO Group Holding Ltd - ADR Stock Price History

MINISO Group Holding Ltd - ADR’s (MNSO) price is currently up 4.26% so far this month.

During the month of September, MINISO Group Holding Ltd - ADR’s stock price has reached a high of $17.59 and a low of $12.51.

Over the last year, MINISO Group Holding Ltd - ADR has hit prices as high as $28.28 and as low as $12.51. Year to date, MINISO Group Holding Ltd - ADR’s stock is up 59.65%.

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What Caused MINISO Group Holding Ltd - ADR Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 26, 2024, there were 2 analysts who downgraded MINISO Group Holding Ltd - ADR’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate MINISO Group Holding Ltd - ADR’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on MINISO Group Holding Ltd - ADR’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

MINISO Group Holding Ltd - ADR’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about MINISO Group Holding Ltd - ADR (MNSO) by visiting AAII Stock Evaluator.

Relative Price Strength of MINISO Group Holding Ltd - ADR

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 26, 2024, MINISO Group Holding Ltd - ADR has a weighted four-quarter relative price strength of -18.60%, which translates to a Momentum Score of 18 and is considered to be Very Weak.

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MINISO Group Holding Ltd - ADR Stock Price: Bottom Line

As of September 27, 2024, MINISO Group Holding Ltd - ADR’s stock price is $17.13, which is up 11.02% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like MINISO Group Holding Ltd - ADR stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.