Pop Mart International Group (OTCMKTS:PMRTY) Shares Gap Up – Still a Buy?

Shares of Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY) gapped up before the market opened on Monday. The stock had previously closed at $16.44, but opened at $17.37. Pop Mart International Group shares last traded at $17.37, with a volume of 230 shares traded.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on PMRTY shares. Zacks Research upgraded Pop Mart International Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 20th. Jefferies Financial Group lowered Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. Two investment analysts have rated the stock with a Hold rating. According to MarketBeat, the stock presently has an average rating of “Hold”.

Pop Mart International Group Stock Performance

The business’s 50 day simple moving average is $18.79 and its 200 day simple moving average is $21.85.

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.