Pop Culture Group Co., Ltd. (NASDAQ:CPOP – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 40,497 shares, a decrease of 91.9% from the August 31st total of 502,828 shares. Currently, 5.8% of the company’s stock are sold short. Based on an average daily volume of 93,256 shares, the days-to-cover ratio is currently 0.4 days.
Pop Culture Group Stock Up 5.8%
Pop Culture Group stock opened at $5.47 on Friday. Pop Culture Group has a 12 month low of $3.06 and a 12 month high of $391.50. The company has a fifty day moving average price of $5.08 and a two-hundred day moving average price of $28.21.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on CPOP shares. Wall Street Zen upgraded Pop Culture Group to a “sell” rating in a research note on Saturday, September 19th. Weiss Ratings restated a “sell (e+)” rating on shares of Pop Culture Group in a research note on Tuesday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.
About Pop Culture Group
Pop Culture Group Co, Ltd. is a China-based culture and entertainment company that focuses on hip-hop culture and related commercial activities. The company develops and operates events designed to connect brands with consumers through music, live entertainment and youth-oriented cultural programming.
Its services include event planning and execution, brand promotion, public relations, advertising and other integrated marketing activities. Pop Culture Group has organized or supported concerts, music festivals and other entertainment events, while also using digital media, social platforms and content production to help clients reach target audiences.
The company serves primarily the Chinese market and has positioned itself at the intersection of entertainment, marketing and popular culture.
See Also
- Five stocks we like better than Pop Culture Group
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for Pop Culture Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pop Culture Group and related companies with MarketBeat.com's FREE daily email newsletter.
