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Pitanium (NASDAQ:PTNM) Stock Price Up 5.8% - Time to Buy?

Pitanium logo with Consumer Staples background

Key Points

  • Pitanium Limited's stock price increased by 5.8% on Thursday, closing at $7.80 after trading as high as $7.94.
  • Trading volume saw a significant decline, with only 519,651 shares traded, representing a 91% drop from the average session volume of 5,758,230 shares.
  • Analysts from Wall Street Zen have upgraded Pitanium to a "hold" rating in a recent research report.
  • MarketBeat previews top five stocks to own in October.

Pitanium Limited (NASDAQ:PTNM - Get Free Report) traded up 5.8% on Thursday . The stock traded as high as $7.94 and last traded at $7.80. 519,651 shares were traded during trading, a decline of 91% from the average session volume of 5,758,230 shares. The stock had previously closed at $7.37.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Pitanium to a "hold" rating in a report on Saturday, June 14th.

Get Our Latest Analysis on Pitanium

Pitanium Stock Performance

The business's 50 day moving average is $3.20.

About Pitanium

(Get Free Report)

Our Operating Subsidiary is a retailer in Hong Kong focusing on the sale of its proprietary brand products, namely PITANIUM and BIG PI online. It also generates revenue from the offline sale at six retail stores situated in Hong Kong's premier shopping destinations. This positioning not only enhances the brand's visibility but also aligns it with the discerning tastes of its target demographic.

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