Pop Mart International Group (OTCMKTS:PMRTY) Stock Price Down 4.7% – Here’s What Happened

Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY) was down 4.7% on Wednesday. The company traded as low as $16.50 and last traded at $16.5550. Approximately 3,098 shares traded hands during trading, a decline of 92% from the average session volume of 40,573 shares. The stock had previously closed at $17.3760.

Analyst Ratings Changes

PMRTY has been the subject of a number of recent analyst reports. Zacks Research lowered shares of Pop Mart International Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 31st. Jefferies Financial Group lowered shares of Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Pop Mart International Group presently has a consensus rating of “Hold”.

Pop Mart International Group Price Performance

The company’s 50-day simple moving average is $19.31 and its 200-day simple moving average is $20.04.

About Pop Mart International Group

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.