Pop Mart International Group (OTCMKTS:PMRTY) Stock Price Down 4.9% – What’s Next?

Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY)’s share price was down 4.9% during trading on Tuesday . The stock traded as low as $24.4315 and last traded at $24.48. Approximately 5,485 shares traded hands during trading, a decline of 73% from the average daily volume of 20,200 shares. The stock had previously closed at $25.7520.

Wall Street Analyst Weigh In

A number of equities analysts have commented on PMRTY shares. Zacks Research downgraded shares of Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 20th. Nomura Securities upgraded Pop Mart International Group to a “strong-buy” rating in a research report on Thursday, October 23rd. CLSA raised Pop Mart International Group to a “strong-buy” rating in a report on Monday, September 22nd. Finally, Sanford C. Bernstein raised Pop Mart International Group to a “strong sell” rating in a report on Thursday, October 16th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Pop Mart International Group Stock Up 1.5%

The firm has a fifty day moving average of $29.37.

Pop Mart International Group Company Profile

Pop Mart International Group Limited is an investment holding company engages in the design, development and sale of pop toys principally in the People’s Republic of China, Hong Kong, Macao, Taiwan and internationally. The company offers blind boxes. Pop Mart International Group Limited is based in Beijing, the People’s Republic of China.