Pop Mart International Group (OTCMKTS:PMRTY) Sees Unusually-High Trading Volume - Here's Why

Key Points

• Pop Mart International Group experienced a significant trading volume increase of 194%, with approximately 56,032 shares traded, marking a substantial rise from the previous day's 19,042 shares.
• Wall Street analysts are divided on the stock, with ratings ranging from "strong sell" by Sanford C. Bernstein to "strong buy" by Zacks Research and CLSA.
• The current stock price is $33.83, a decrease from its previous close of $35.56, while the 50-day simple moving average stands at $36.10.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 56,032 shares changed hands during mid-day trading, an increase of 194% from the previous session's volume of 19,042 shares.The stock last traded at $33.83 and had previously closed at $35.56.

Wall Street Analyst Weigh In

A number of research analysts have commented on PMRTY shares. Sanford C. Bernstein raised Pop Mart International Group to a "strong sell" rating in a report on Thursday, October 16th. Zacks Research raised Pop Mart International Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, September 18th. Finally, CLSA raised Pop Mart International Group to a "strong-buy" rating in a report on Monday, September 22nd. Two equities research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy".

Pop Mart International Group Price Performance

The firm has a 50-day simple moving average of $36.10.

Pop Mart International Group Company Profile

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.

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