Mint Incorporation (NASDAQ:MIMI) Trading Down 9% – Time to Sell?

Mint Incorporation Limited (NASDAQ:MIMI)’s stock price traded down 9% on Thursday . The stock traded as low as $0.2537 and last traded at $0.2733. 364,218 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 1,558,215 shares. The stock had previously closed at $0.3004.

Analyst Ratings Changes

MIMI has been the subject of several research reports. Weiss Ratings restated a “sell (d-)” rating on shares of Mint Incorporation in a report on Tuesday, October 14th. Wall Street Zen upgraded shares of Mint Incorporation to a “hold” rating in a research report on Saturday, October 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Mint Incorporation currently has a consensus rating of “Sell”.

Mint Incorporation Stock Down 9.0%

The business has a fifty day simple moving average of $2.57 and a 200-day simple moving average of $5.89.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Geode Capital Management LLC bought a new stake in Mint Incorporation during the second quarter worth about $91,000. Jane Street Group LLC purchased a new position in shares of Mint Incorporation during the first quarter valued at approximately $100,000. Finally, Citadel Advisors LLC purchased a new position in shares of Mint Incorporation during the third quarter valued at approximately $151,000.

Mint Incorporation Company Profile

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.