Maison Solutions (NASDAQ:MSS) Issues Quarterly Earnings Results

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

Maison Solutions Stock Up 7.2%

MSS stock opened at $0.52 on Tuesday. The company has a market cap of $10.30 million, a price-to-earnings ratio of -13.07 and a beta of 5.27. The company has a fifty day moving average price of $0.55 and a 200 day moving average price of $0.79. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.58 and a quick ratio of 0.32. Maison Solutions has a 12 month low of $0.30 and a 12 month high of $3.96.

Institutional Investors Weigh In On Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd purchased a new position 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 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 reporting period. 2.37% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Maison Solutions in a report on Wednesday, October 8th. Zacks Research upgraded shares of Maison Solutions to a “hold” rating in a research note on Friday, October 10th. Finally, Ascendiant Capital Markets upped their price objective on shares of Maison Solutions from $4.00 to $4.25 and gave the company a “buy” rating in a research note on Wednesday, September 24th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Maison Solutions presently has a consensus rating of “Hold” and a consensus target price of $4.25.

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.