Pandora A/S (OTCMKTS:PANDY) Posts Quarterly Earnings Results

Pandora A/S (OTCMKTS:PANDY) announced its earnings results on Wednesday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports.

Pandora A/S Price Performance

OTCMKTS PANDY remained flat at $47.05 on Thursday. Pandora A/S has a fifty-two week low of $35.93 and a fifty-two week high of $56.21. The firm has a fifty day moving average price of $47.05 and a 200-day moving average price of $47.05.

Wall Street Analysts Forecast Growth

PANDY has been the subject of a number of analyst reports. Kepler Capital Markets upgraded Pandora A/S to a “hold” rating in a research report on Monday, April 13th. Citigroup downgraded shares of Pandora A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce”.

About Pandora A/S

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.