Pandora A/S (OTCMKTS:PANDY) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Pandora A/S (OTCMKTS:PANDY)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $47.05 and traded as high as $56.21. Pandora A/S shares last traded at $47.05, with a volume of 24,037 shares changing hands.

Analyst Upgrades and Downgrades

PANDY has been the subject of several research reports. Hsbc Global Res downgraded shares of Pandora A/S from a “strong-buy” rating to a “hold” rating in a report on Monday, July 7th. UBS Group upgraded shares of Pandora A/S to a “strong sell” rating in a report on Tuesday, July 15th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Reduce”.

Pandora A/S Price Performance

The company’s 50 day simple moving average is $47.05 and its 200 day simple moving average is $47.05.

Pandora A/S (OTCMKTS:PANDY) last issued its earnings results on Friday, August 15th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.20). The company had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.12 billion.

Pandora A/S Company Profile

Pandora A/S engages in the design, manufacture, and marketing of hand-finished and contemporary jewelry. The company operates in two segments, Core and Fuel With More. It offers charms, bracelets, rings, earrings, necklaces, and pendants. The company sells its products through physical stores, online stores, and wholesale and third-party distribution in Denmark, the United States, China, the United Kingdom, Italy, Australia, France, Germany, Spain, Mexico, and internationally.