Maison Solutions (NASDAQ:MSS) Stock Price Up 18.9% – Time to Buy?

Maison Solutions Inc. (NASDAQ:MSS) was up 18.9% on Tuesday . The company traded as high as $1.15 and last traded at $1.13. Approximately 1,099,134 shares changed hands during trading, an increase of 459% from the average daily volume of 196,723 shares. The stock had previously closed at $0.9501.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on MSS shares. Zacks Research lowered Maison Solutions from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 16th. Ascendiant Capital Markets dropped their price target on Maison Solutions from $45.00 to $32.50 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $32.50.

Maison Solutions Stock Down 0.9%

The company has a market cap of $3.42 million, a price-to-earnings ratio of -0.21 and a beta of 3.86. 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 business has a fifty day moving average of $1.24 and a two-hundred day moving average of $2.56.

Hedge Funds 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 Maison Solutions Inc. (NASDAQ:MSS) during the 2nd quarter, according to the company in its most recent 13F filing 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 at the end of the most recent reporting period. 2.37% of the stock is owned by institutional investors and hedge funds.

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.