Paradox Interactive AB (publ) (OTCMKTS:PRXXF) Trading Up 0.8% – What’s Next?

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) was up 0.8% during mid-day trading on Wednesday . The stock traded as high as $14.11 and last traded at $14.11. Approximately 265 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 370 shares. The stock had previously closed at $14.00.

Analyst Ratings Changes

Separately, Pareto Securities upgraded shares of Paradox Interactive AB (publ) from a “hold” rating to a “buy” rating in a research note on Monday, May 4th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Paradox Interactive AB (publ) has an average rating of “Moderate Buy”.

Paradox Interactive AB (publ) Stock Up 0.8%

The stock’s fifty day moving average price is $13.97 and its 200 day moving average price is $15.01.

About Paradox Interactive AB (publ)

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) is a Sweden-based global video game publisher and developer best known for its portfolio of deep strategy and simulation titles across PC, console and mobile platforms. The company’s key franchises include Europa Universalis, Crusader Kings, Hearts of Iron and Cities: Skylines, which leverage extensive downloadable content, mod support and community-driven expansions. Paradox also operates its own digital storefront and subscription service, enabling direct delivery of game updates, expansions and exclusive in-game content to its audience.

Originally established as part of Target Games in the late 1990s and spun off as an independent publisher in 2004, Paradox Interactive has since pursued both organic development and strategic studio acquisitions to broaden its offering.