Pop Mart International Group (OTCMKTS:PMRTY) Shares Down 4.7% – Here’s What Happened

Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY)’s share price fell 4.7% on Wednesday. The company traded as low as $16.50 and last traded at $16.5550. Approximately 3,098 shares were traded during trading, a decline of 92% from the average daily volume of 40,573 shares. The stock had previously closed at $17.3760.

Analyst Upgrades and Downgrades

Several brokerages have commented on PMRTY. Jefferies Financial Group downgraded shares of Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. Zacks Research raised shares of Pop Mart International Group from a “strong sell” rating to a “hold” rating in a report on Tuesday. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Pop Mart International Group currently has an average rating of “Hold”.

Pop Mart International Group Stock Down 0.2%

The firm has a fifty day simple moving average of $19.19 and a two-hundred day simple moving average of $20.02.

Pop Mart International Group Company Profile

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.