Mint Incorporation (NASDAQ:MIMI) Stock Price Down 9% – Should You Sell?

Shares of Mint Incorporation Limited (NASDAQ:MIMI) traded down 9% during trading on Thursday . The company 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 Upgrades and Downgrades

Several analysts recently issued reports on the company. Wall Street Zen upgraded Mint Incorporation to a “hold” rating in a report on Saturday, October 11th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Mint Incorporation in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Mint Incorporation presently has a consensus rating of “Sell”.

Mint Incorporation Stock Up 75.4%

The stock has a 50 day moving average of $2.45 and a 200 day moving average of $5.86.

Institutional Trading of Mint Incorporation

Several hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC bought a new position in Mint Incorporation during the 1st quarter worth $100,000. Geode Capital Management LLC bought a new stake in shares of Mint Incorporation during the second quarter valued at approximately $91,000. Finally, Citadel Advisors LLC acquired a new position in shares of Mint Incorporation during the third quarter worth 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.