Pop Mart International Group (OTCMKTS:PMRTY) Sees Large Volume Increase - Should You Buy?

Key Points

• Pop Mart International Group saw a significant 19% increase in trading volume, with 18,776 shares exchanged on Monday, although the stock price saw a slight decline from $42.34 to $41.85.
• Zacks Research has upgraded Pop Mart International Group to a "hold" rating, reflecting cautious optimism among analysts regarding the company's performance.
• The company, based in Beijing, focuses on the design, development, and sale of pop toys, including blind boxes, in China and internationally.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report) saw strong trading volume on Monday . 18,776 shares traded hands during mid-day trading, an increase of 19% from the previous session's volume of 15,788 shares.The stock last traded at $41.85 and had previously closed at $42.34.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Pop Mart International Group to a "hold" rating in a research note on Tuesday, August 12th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Pop Mart International Group has an average rating of "Hold".

Pop Mart International Group Price Performance

About Pop Mart International Group

Pop Mart International Group Limited is an investment holding company engages in the design, development and sale of pop toys principally in the People's Republic of China, Hong Kong, Macao, Taiwan and internationally. The company offers blind boxes. Pop Mart International Group Limited is based in Beijing, the People's Republic of China.