Pandora A/S (OTCMKTS:PANDY) Cut to “Hold” at Citigroup

Citigroup lowered shares of Pandora A/S (OTCMKTS:PANDYFree Report) from a strong-buy rating to a hold rating in a report released on Wednesday,Zacks.com reports.

Pandora A/S Stock Down 3.4%

Pandora A/S stock opened at $47.05 on Wednesday. Pandora A/S has a 1-year low of $35.93 and a 1-year high of $56.21. The company has a fifty day simple moving average of $47.05 and a 200 day simple moving average of $47.05.

Pandora A/S (OTCMKTS:PANDYGet Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.12 EPS for the quarter. The business had revenue of $981.83 million for the quarter.

About Pandora A/S

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Pandora A/S is a Denmark‐based jewelry manufacturer and retailer renowned for its signature charm bracelets, rings, earrings and necklaces. Established in 1982 by Per Enevoldsen and Winnie Enevoldsen, the company has built its reputation on customizable, hand-finished jewelry crafted from metals such as sterling silver, 14k gold and Pandora’s proprietary metal alloys. Through in‐house design and close collaboration with ateliers in Thailand, Pandora blends Scandinavian design principles with detailed craftsmanship to deliver products that appeal to a broad range of style preferences.

The company’s core product lines encompass an extensive selection of charms and bracelet bases, along with coordinating pendants, rings and earrings.

Further Reading

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