Pop Mart International Group (OTCMKTS:PMRTY) Raised to “Hold” at Zacks Research

Pop Mart International Group (OTCMKTS:PMRTY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday, Zacks reports.

Separately, Jefferies Financial Group downgraded Pop Mart International Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Pop Mart International Group Trading Down 5.3%

Shares of OTCMKTS:PMRTY opened at $16.46 on Tuesday. Pop Mart International Group has a 52-week low of $16.44 and a 52-week high of $34.66. The company has a 50-day simple moving average of $19.25 and a 200 day simple moving average of $20.03.

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.