Mint Incorporation (NASDAQ:MIMI) Shares Down 3.6% – Here’s What Happened

Mint Incorporation Limited (NASDAQ:MIMI)’s share price traded down 3.6% during trading on Friday. The company traded as low as $0.8502 and last traded at $0.9290. 950,885 shares were traded during mid-day trading, a decline of 65% from the average session volume of 2,705,802 shares. The stock had previously closed at $0.9633.

Analyst Upgrades and Downgrades

MIMI has been the topic of several research analyst reports. Wall Street Zen upgraded shares of Mint Incorporation from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings cut Mint Incorporation from a “sell (d)” rating to a “sell (e+)” rating in a research report on Monday, August 24th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, Mint Incorporation has an average rating of “Sell”.

Mint Incorporation Stock Performance

The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.26. The firm’s 50-day moving average is $0.90 and its two-hundred day moving average is $2.31.

Mint Incorporation (NASDAQ:MIMI) last posted its earnings results on Friday, August 14th. The company reported ($0.33) EPS for the quarter. The business had revenue of ($0.96) million for the quarter.

Mint Incorporation Company Profile

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.