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

Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY)’s share price gapped down prior to trading on Wednesday. The stock had previously closed at $18.5050, but opened at $17.80. Pop Mart International Group shares last traded at $18.32, with a volume of 2,189 shares.

Analyst Upgrades and Downgrades

PMRTY has been the subject of several analyst reports. Jefferies Financial Group lowered shares of Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a research 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 research report on Tuesday, October 20th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Pop Mart International Group Price Performance

The stock has a 50-day moving average price of $18.62 and a two-hundred day moving average price of $21.69.

Pop Mart International Group Company Profile

Pop Mart International Group is a Chinese company focused on collectible toys and pop culture products. Its business spans the development and operation of intellectual property, product design and sales, and retailing through stores, online channels and automated vending machines. The company is known for collectible figures, including blind-box toys, as well as plush toys and other merchandise. Its portfolio features characters such as Molly, DIMOO, SKULLPANDA and THE MONSTERS, whose Labubu character has become one of its best-known offerings.