Maison Solutions (NASDAQ:MSS) Posts Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Maison Solutions (NASDAQ:MSS) issued its quarterly earnings results on Monday. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.18), Zacks reports. Maison Solutions had a negative return on equity of 46.54% and a negative net margin of 4.89%.

Maison Solutions Stock Down 4.7%

Shares of NASDAQ MSS opened at $0.19 on Wednesday. The company has a market cap of $3.70 million, a price-to-earnings ratio of -0.72 and a beta of 5.24. The company has a current ratio of 0.77, a quick ratio of 0.44 and a debt-to-equity ratio of 0.67. Maison Solutions has a 12 month low of $0.18 and a 12 month high of $3.96. The stock has a 50-day moving average price of $0.27 and a two-hundred day moving average price of $0.53.

Analyst Ratings Changes

A number of research firms have recently weighed in on MSS. Weiss Ratings reiterated a “sell (e+)” rating on shares of Maison Solutions in a research report on Thursday, January 22nd. Ascendiant Capital Markets raised their price target on Maison Solutions from $4.25 to $4.50 and gave the stock a “buy” rating in a research report on Tuesday, December 30th. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $4.50.

Institutional Investors Weigh In On Maison Solutions

An institutional investor recently bought a new position in Maison Solutions stock. XTX Topco Ltd bought a new position in Maison Solutions Inc. (NASDAQ:MSS) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 30,727 shares of the company’s stock, valued at approximately $27,000. XTX Topco Ltd owned approximately 0.16% of Maison Solutions as of its most recent SEC filing. Institutional investors and hedge funds own 2.37% of the company’s stock.

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.