Maison Solutions (NASDAQ:MSS) Releases Quarterly Earnings Results

Maison Solutions (NASDAQ:MSS) posted its earnings results on Monday. The company reported ($0.24) EPS for the quarter, Zacks reports. Maison Solutions had a negative return on equity of 2.83% and a negative net margin of 0.88%.

Maison Solutions Stock Performance

NASDAQ:MSS traded up $0.02 during trading hours on Monday, reaching $0.51. The company had a trading volume of 706,948 shares, compared to its average volume of 784,271. The firm has a market cap of $10.08 million, a price-to-earnings ratio of -12.80 and a beta of 5.26. The company has a current ratio of 0.58, a quick ratio of 0.32 and a debt-to-equity ratio of 0.36. The firm’s 50 day moving average price is $0.56 and its 200-day moving average price is $0.79. Maison Solutions has a 52 week low of $0.30 and a 52 week high of $3.96.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on MSS shares. Zacks Research upgraded shares of Maison Solutions to a “hold” rating in a report on Friday, October 10th. Ascendiant Capital Markets increased their price objective on shares of Maison Solutions from $4.00 to $4.25 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $4.25.

Institutional Investors Weigh In On Maison Solutions

An institutional investor recently bought a new position in Maison Solutions stock. XTX Topco Ltd bought a new stake in shares of Maison Solutions Inc. (NASDAQ:MSS) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned approximately 0.16% of Maison Solutions as of its most recent filing with the Securities & Exchange Commission. 2.37% of the stock is currently owned by hedge funds and other institutional investors.

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.