Pop Mart International Group (OTCMKTS:PMRTY) Shares Gap Up – Should You Buy?

Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY) shares gapped up before the market opened on Monday. The stock had previously closed at $16.44, but opened at $17.37. Pop Mart International Group shares last traded at $17.37, with a volume of 230 shares trading hands.

Wall Street Analyst Weigh In

PMRTY has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Pop Mart International Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 20th. Jefferies Financial Group lowered Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. Two analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Pop Mart International Group Trading Up 0.9%

The stock’s 50-day simple moving average is $18.86 and its two-hundred day simple moving average is $21.92.

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.