Maison Solutions (NASDAQ:MSS) Trading Down 1% – Time to Sell?

Maison Solutions Inc. (NASDAQ:MSS)’s stock price dropped 1% during trading on Friday . The stock traded as low as $0.5533 and last traded at $0.5639. 65,269 shares changed hands during trading, a decline of 97% from the average daily volume of 2,596,104 shares. The stock had previously closed at $0.5695.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on MSS shares. Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a research report on Tuesday, April 21st. Ascendiant Capital Markets cut their price target on shares of Maison Solutions from $45.00 to $32.50 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, Zacks Research raised shares of Maison Solutions from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $32.50.

Maison Solutions Price Performance

The firm has a market capitalization of $1.72 million, a P/E ratio of -0.11 and a beta of 3.93. The company has a fifty day moving average of $0.85 and a 200 day moving average of $1.74. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.67 and a quick ratio of 0.37.

Institutional Investors Weigh In On Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd acquired a new position in shares of Maison Solutions Inc. (NASDAQ:MSS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned 0.16% of Maison Solutions as of its most recent SEC filing. 2.37% of the stock is currently owned by institutional investors.

Maison Solutions Company Profile

Maison Solutions Inc, together with its subsidiaries, operates as the specialty grocery retailer in California. The company offers perishable products, such as meat, seafood, vegetables, and fruit; non-perishable products, including grocery products comprising cooking utensils, canned foods, Chinese and Asian seasonings and spices, and snacks, as well as liquor, cigarette, lottery, newspaper, reusable bag, non-food, and health products, and general merchandise, beauty care, pharmacy, fuel, and other items and services in its stores.