Maison Solutions Inc. (NASDAQ:MSS) Sees Large Drop in Short Interest

Maison Solutions Inc. (NASDAQ:MSS) was the target of a large decline in short interest in February. As of February 27th, there was short interest totaling 249,440 shares, a decline of 17.5% from the February 12th total of 302,323 shares. Approximately 3.6% of the company’s stock are short sold. Based on an average trading volume of 705,161 shares, the days-to-cover ratio is presently 0.4 days. Based on an average trading volume of 705,161 shares, the days-to-cover ratio is presently 0.4 days. Approximately 3.6% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

MSS has been the subject of a number of research reports. Ascendiant Capital Markets increased their target price on Maison Solutions from $4.25 to $4.50 and gave the stock a “buy” rating in a report on Tuesday, December 30th. Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a report on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Maison Solutions presently has a consensus rating of “Hold” and a consensus price target of $4.50.

Maison Solutions Stock Performance

MSS stock traded down $0.01 during midday trading on Tuesday, reaching $0.19. 829,642 shares of the company were exchanged, compared to its average volume of 3,390,207. Maison Solutions has a one year low of $0.18 and a one year high of $3.96. The firm has a market capitalization of $3.70 million, a price-to-earnings ratio of -0.72 and a beta of 5.24. The business has a 50-day moving average price of $0.27 and a two-hundred day moving average price of $0.53. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.77 and a quick ratio of 0.44.

Maison Solutions (NASDAQ:MSS) last issued its quarterly earnings data on Monday, December 22nd. The company reported ($0.24) earnings per share for the quarter. The company had revenue of $27.62 million during the quarter, compared to the consensus estimate of $29.50 million. Maison Solutions had a negative net margin of 4.89% and a negative return on equity of 46.54%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Maison Solutions stock. XTX Topco Ltd purchased a new position in shares of Maison Solutions Inc. (NASDAQ:MSS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 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 filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 2.37% of the company’s stock.

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.