MINISO Group (NYSE:MNSO) Shares Gap Up to $15.36

MINISO Group Holding Limited (NYSE:MNSO) gapped up before the market opened on Thursday . The stock had previously closed at $15.36, but opened at $16.24. MINISO Group shares last traded at $16.36, with a volume of 281,186 shares.

MINISO Group Trading Up 0.6 %

The business’s 50-day moving average price is $17.01 and its two-hundred day moving average price is $19.64. The firm has a market cap of $5.19 billion, a price-to-earnings ratio of 15.49, a price-to-earnings-growth 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 business. Avalon Trust Co purchased a new position in shares of MINISO Group during the 4th quarter worth $26,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of MINISO Group during the 2nd quarter worth $26,000. Blue Trust Inc. lifted its stake in shares of 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 period. Headlands Technologies LLC purchased a new position in shares of MINISO Group during the 1st quarter worth $93,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of MINISO Group during the 2nd quarter worth $118,000. 17.16% of the stock is currently owned by institutional investors and hedge funds.

About MINISO Group

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.