MINISO Group (NYSE:MNSO) Shares Up 7.2%

MINISO Group Holding Limited (NYSE:MNSO) shares were up 7.2% on Friday . The stock traded as high as $18.05 and last traded at $17.49. Approximately 363,975 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 1,395,191 shares. The stock had previously closed at $16.32.

MINISO Group Stock Performance

The stock’s 50 day simple moving average is $17.10 and its two-hundred day simple moving average is $19.65. The company has a market capitalization of $5.17 billion, a P/E ratio of 16.50, a P/E/G ratio of 0.59 and a beta of 0.18. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.18 and a quick ratio of 1.80.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Avalon Trust Co acquired a new stake in shares of MINISO Group in the 4th quarter valued at $26,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in MINISO Group in the second quarter worth about $26,000. Blue Trust Inc. raised its holdings in MINISO Group by 3,098.4% during the 2nd quarter. Blue Trust Inc. now owns 1,951 shares of the company’s stock worth $40,000 after purchasing an additional 1,890 shares during the last quarter. Headlands Technologies LLC acquired a new position in MINISO Group during the 1st quarter valued at about $93,000. Finally, Banque Cantonale Vaudoise bought a new position in shares of MINISO Group in the 2nd quarter valued at about $118,000. Institutional investors own 17.16% of the company’s stock.

MINISO Group Company Profile

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.