Financial Lp Hrt Sells 32,556 Shares of Maison Solutions (NASDAQ:MSS) Stock

Maison Solutions Inc. (NASDAQ:MSS) major shareholder Financial Lp Hrt sold 32,556 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1.84, for a total value of $59,903.04. Following the completion of the transaction, the insider owned 64,892 shares in the company, valued at $119,401.28. This represents a 33.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Thursday, August 13th, Financial Lp Hrt bought 7,553 shares of Maison Solutions stock. The shares were acquired at an average cost of $1.40 per share, with a total value of $10,574.20.
• On Wednesday, August 12th, Financial Lp Hrt bought 22,559 shares of Maison Solutions stock. The stock was acquired at an average price of $1.42 per share, for a total transaction of $32,033.78.

Maison Solutions Trading Down 4.7%

Shares of NASDAQ MSS traded down $0.07 during mid-day trading on Friday, reaching $1.51. 194,545 shares of the company’s stock were exchanged, compared to its average volume of 860,405. The company’s 50-day moving average is $2.60 and its 200-day moving average is $6.39. Maison Solutions Inc. has a 52-week low of $1.24 and a 52-week high of $198.00. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.37 and a current ratio of 0.67. The firm has a market capitalization of $924,150.00, a price-to-earnings ratio of -0.06 and a beta of 4.16.

Institutional Trading of Maison Solutions

A hedge fund recently bought a new stake in Maison Solutions stock. XTX Topco Ltd purchased a new position in Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned about 0.16% of Maison Solutions as of its most recent SEC filing. 2.37% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Wall Street Zen lowered shares of Maison Solutions to a “strong sell” rating in a research note on Saturday, August 1st. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Maison Solutions in a research report on Friday, July 17th. Finally, Zacks Research upgraded Maison Solutions from a “strong sell” rating to a “hold” rating in a research note on Friday, June 12th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $162.50.

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.