Pop Mart International Group (OTCMKTS:PMRTY) Sets New 12-Month Low – Time to Sell?

Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY)’s stock price hit a new 52-week low during trading on Tuesday. The company traded as low as $17.1840 and last traded at $17.1840, with a volume of 1,935 shares changing hands. The stock had previously closed at $17.81.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Jefferies Financial Group lowered Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. Zacks Research downgraded Pop Mart International Group from a “hold” rating to a “strong sell” rating in a research note on Monday, August 31st. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

Pop Mart International Group Stock Down 2.3%

The stock’s 50 day moving average is $19.35 and its 200 day moving average is $20.05.

About Pop Mart International Group

Pop Mart International Group Ltd. is a China-based company that designs, develops and sells collectible designer toys and related consumer products. Its offerings include blind-box figures, plush toys, art toys, accessories, stationery and other merchandise built around original and licensed intellectual properties.

The company’s portfolio includes popular character lines such as The Monsters, Molly, Skullpanda, Dimoo, Crybaby, Hirono and Pucky. Pop Mart distributes its products through physical retail stores, automated vending machines, online platforms and other direct-to-consumer channels.