Mint Incorporation (NASDAQ:MIMI) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Mint Incorporation (NASDAQ:MIMI) to a sell rating in a report issued on Saturday morning.

Mint Incorporation Stock Down 13.4%

MIMI stock opened at $2.13 on Friday. Mint Incorporation has a fifty-two week low of $1.97 and a fifty-two week high of $136.90. The business has a 50-day moving average of $2.83 and a 200-day moving average of $3.01.

Insider Activity at Mint Incorporation

In other Mint Incorporation news, CEO Hoi Lung Chan bought 211,879 shares of Mint Incorporation stock in a transaction that occurred on Monday, May 18th. The stock was acquired at an average price of $3.01 per share, for a total transaction of $637,755.79. Following the completion of the acquisition, the chief executive officer owned 474,379 shares of the company’s stock, valued at $1,427,880.79. This trade represents a 80.72% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Institutional Investors Weigh In On Mint Incorporation

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC bought a new position in shares of Mint Incorporation in the 4th quarter valued at about $90,000. Jane Street Group LLC increased its position in shares of Mint Incorporation by 71.5% in the second quarter. Jane Street Group LLC now owns 32,803 shares of the company’s stock valued at $217,000 after acquiring an additional 13,671 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of Mint Incorporation in the third quarter valued at about $151,000. Finally, Geode Capital Management LLC bought a new stake in Mint Incorporation during the second quarter worth about $91,000.

About Mint Incorporation

Mint, Inc Ltd. is a company that engages in the provision of interior design and fit works. The company offers design services including layout plans and sketches presented in the form of 3d technical drawing and design and fit out services. The company was founded in 2018 and is headquartered in Hong Kong.