Pop Mart International Group (OTCMKTS:PMRTY) Shares Gap Down – Here’s What Happened

Pop Mart International Group Limited – Unsponsored ADR (OTCMKTS:PMRTY)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $18.5050, but opened at $17.80. Pop Mart International Group shares last traded at $18.32, with a volume of 2,189 shares traded.

Analyst Ratings Changes

PMRTY has been the topic 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 note on Tuesday, October 20th. Jefferies Financial Group downgraded shares of Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Pop Mart International Group Stock Down 0.8%

The stock’s 50 day moving average price is $18.62 and its two-hundred day moving average price is $21.69.

About Pop Mart International Group

Pop Mart International Group is a Chinese company focused on collectible toys and pop culture products. Its business spans the development and operation of intellectual property, product design and sales, and retailing through stores, online channels and automated vending machines. The company is known for collectible figures, including blind-box toys, as well as plush toys and other merchandise. Its portfolio features characters such as Molly, DIMOO, SKULLPANDA and THE MONSTERS, whose Labubu character has become one of its best-known offerings.