MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO) – A Strong Growth Stock with Technical Breakout Potential

MINISO GROUP HOLDING LTD-ADR (NYSE:MNSO) was identified by our screener as a strong growth stock with a favorable technical setup. The company combines solid fundamentals with improving price momentum, making it a candidate for investors looking for growth opportunities with a technical edge.

Strong Growth Fundamentals

• Revenue & Earnings Growth: MNSO has demonstrated impressive growth, with revenue increasing by 22.8% over the past year and earnings per share (EPS) surging by 50%. Analysts expect continued growth, with EPS projected to rise by 19.5% annually.
• Profitability: The company boasts strong margins, with an operating margin of 19.6% and a return on invested capital (ROIC) of 20.8%, outperforming most peers in the broadline retail sector.
• Financial Health: MNSO maintains a solid balance sheet, with a healthy current ratio of 2.04 and a manageable debt-to-equity ratio of 0.18.

Technical Breakout Potential

• Trend Strength: Both short-term and long-term trends are positive, with the stock trading near the upper end of its recent range.
• Support & Resistance: Key resistance lies around $20.78-$20.89. A breakout above this level could signal further upside, while support is found near $19.04-$19.34.
• Volume & Liquidity: The stock has an average daily volume of over 1.35 million shares, ensuring sufficient liquidity for traders.

For a deeper look, review the full fundamental analysis report and technical analysis report.

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Disclaimer

This is not investment advice. The observations here are based on current data, but market conditions can change. Always conduct your own research before making investment decisions.