Pop Culture Group (NASDAQ:CPOP) Trading Down 4.3% – Here’s Why

Pop Culture Group Co., Ltd. (NASDAQ:CPOP)’s stock price was down 4.3% during mid-day trading on Tuesday . The stock traded as low as $0.4168 and last traded at $0.4363. Approximately 50,229 shares changed hands during trading, a decline of 3% from the average daily volume of 51,657 shares. The stock had previously closed at $0.4560.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Wall Street Zen upgraded Pop Culture Group to a “hold” rating in a research note on Saturday, September 20th. Weiss Ratings restated a “sell (d-)” rating on shares of Pop Culture Group in a research report on Monday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Pop Culture Group has a consensus rating of “Sell”.

Pop Culture Group Stock Performance

The company has a fifty day moving average price of $0.56 and a 200-day moving average price of $0.81. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.11.

Institutional Investors Weigh In On Pop Culture Group

An institutional investor recently bought a new position in Pop Culture Group stock. Connective Capital Management LLC acquired a new stake in Pop Culture Group Co., Ltd. (NASDAQ:CPOP) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 365,822 shares of the company’s stock, valued at approximately $325,000. Connective Capital Management LLC owned about 9.29% of Pop Culture Group at the end of the most recent reporting period.

About Pop Culture Group

Pop Culture Group (NASDAQ:CPOP) is a U.S.-based entertainment company specializing in the creation, production and operation of pop culture–themed live experiences, theatrical productions and branded events across North America.

The company collaborates with intellectual property owners in publishing, film, television and gaming to secure licensing rights for iconic franchises, which it then adapts into immersive live shows, touring family musicals and interactive exhibitions. Its portfolio encompasses stage adaptations of classic children’s literature, contemporary media franchises and original pop culture properties, delivered via regional tours, on-site activations and virtual extensions.

Beyond live entertainment, Pop Culture Group develops and retails consumer products and merchandise tied to its shows, providing design, marketing and distribution services that leverage its licensing relationships.