Pop Mart International Group (OTCMKTS:PMRTY) Hits New 12-Month Low – What’s Next?

Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY) shares hit a new 52-week low on Tuesday. The company traded as low as $15.1523 and last traded at $15.55, with a volume of 18,888 shares trading hands. The stock had previously closed at $16.8650.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. 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 research report on Tuesday, October 20th. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Pop Mart International Group Trading Down 7.3%

The stock has a fifty day simple moving average of $19.13 and a 200 day simple moving average of $22.15.

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.