Watch for Continued Losses in Shares of MINISO Group Holding Limited American Depositary Shares each representing four Class A (MNSO)

July 23, 2021 10:43:05

MINISO Group Holding Limited American Depositary Shares each representing four Class A (NYSE:MNSO) traded today at a new 52-week low of $16.11. This new low was reached on approximately average trading volume as 749,000 shares traded hands, while the average 30-day volume is approximately 735,000 shares.

Over the past year, MINISO Group Holding Limited American Depositary Shares each representing four Class A has traded in a range of $16.11 to $35.21 and is now at $16.56.

MINISO Group Holding Limited American Depositary Shares each representing four Class A (NYSE:MNSO) defies analysts with a current price ($16.56) 84.3% above its average consensus price target of $2.60.

MINISO Group Holding Ltd is a retailer offering a variety of design-led lifestyle products. The company’s product categories include home decor, small electronics, textile, accessories, beauty tools, toys, cosmetics, personal care, snacks, fragrance and perfumes, and stationery and gifts. Its segment include MINISO brand (excluding Africa and Germany) that is engaged in designing, buying and sale of lifestyle products.

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