Maison Solutions Inc. (NASDAQ:MSS) Stock Short Interest Declines 52.0%
by Tristan Rich · The Markets DailyMaison Solutions Inc. (NASDAQ:MSS – Get Free Report) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 42,475 shares, a decline of 52.0% from the August 31st total of 88,477 shares. Currently, 10.4% of the company’s stock are short sold. Based on an average trading volume of 204,861 shares, the short-interest ratio is presently 0.2 days.
Maison Solutions Price Performance
Shares of NASDAQ:MSS traded down $0.03 during midday trading on Thursday, hitting $1.64. 50,564 shares of the stock were exchanged, compared to its average volume of 1,497,859. The stock has a market cap of $997,350.00, a P/E ratio of -0.06 and a beta of 4.19. Maison Solutions has a twelve month low of $1.24 and a twelve month high of $57.00. The company has a 50 day moving average price of $1.59 and a 200-day moving average price of $4.07. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 0.96.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Maison Solutions in a research note on Friday, July 17th. Zacks Research upgraded shares of Maison Solutions from a “strong sell” rating to a “hold” rating in a report on Friday, June 12th. Finally, Wall Street Zen raised shares of Maison Solutions from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 29th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $162.50.
Get Our Latest Research Report on MSS
Insider Transactions at Maison Solutions
In other Maison Solutions news, major shareholder Financial Lp Hrt sold 32,556 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1.84, for a total transaction of $59,903.04. Following the completion of the sale, the insider directly owned 64,892 shares of the company’s stock, valued at approximately $119,401.28. This represents a 33.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 32.73% of the stock is owned by company insiders.
Maison Solutions Company Profile
Maison Solutions, Inc is a specialty grocery retailer focused on serving Asian-American communities in the United States. The company operates supermarkets that offer a broad selection of Asian and international food products alongside traditional grocery merchandise.
Its stores generally sell fresh produce, meat, seafood, packaged foods, snacks, beverages, frozen items, household goods and prepared foods. Maison Solutions also emphasizes products and services tailored to local Asian communities, including ingredients and brands that may be less widely available at conventional supermarkets.
The company’s operations are concentrated in California, particularly in Southern California, where it operates stores under specialty-grocery banners including SF Supermarket and related names.