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

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

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MSS. Ascendiant Capital Markets decreased their price target on Maison Solutions from $45.00 to $32.50 and set a “buy” rating for the company in a report on Tuesday, April 14th. Weiss Ratings reissued a “sell (e+)” rating on shares of Maison Solutions in a research note on Tuesday, April 21st. Finally, Zacks Research upgraded Maison Solutions from a “strong sell” rating to a “hold” rating in a research report on Friday, June 12th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $32.50.

Maison Solutions Trading Down 1.0%

The company has a market cap of $1.72 million, a price-to-earnings ratio of -0.11 and a beta of 3.93. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 0.96. The firm’s 50-day moving average price is $0.85 and its 200 day moving average price is $1.74.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd purchased a new position in Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to its most recent 13F filing 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 at the end of the most recent quarter. Institutional investors own 2.37% of the company’s stock.

About Maison Solutions

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.