Wall Street Zen Upgrades Mint Incorporation (NASDAQ:MIMI) to “Sell”

Mint Incorporation (NASDAQ:MIMI) was upgraded by stock analysts at Wall Street Zen to a “sell” rating in a report released on Saturday.

Mint Incorporation Stock Performance

NASDAQ MIMI opened at $2.46 on Friday. The company has a fifty day moving average price of $2.85 and a 200-day moving average price of $3.02. Mint Incorporation has a 1 year low of $1.97 and a 1 year high of $136.90.

Insider Transactions at Mint Incorporation

In other news, CEO Hoi Lung Chan acquired 211,879 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was purchased at an average price of $3.01 per share, for a total transaction of $637,755.79. Following the purchase, the chief executive officer owned 474,379 shares in the company, valued at approximately $1,427,880.79. This represents a 80.72% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Hedge Funds Weigh In On Mint Incorporation

A number of hedge funds and other institutional investors have recently modified their holdings of MIMI. Geode Capital Management LLC bought a new position in shares of Mint Incorporation in the second quarter valued at approximately $91,000. Jane Street Group LLC bought a new stake in Mint Incorporation during the first quarter worth $100,000. Citadel Advisors LLC bought a new stake in Mint Incorporation during the third quarter worth $151,000. Finally, Renaissance Technologies LLC purchased a new position in Mint Incorporation in the fourth quarter worth $90,000.

About Mint Incorporation

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.