Pop Mart International Group (OTCMKTS:PMRTY) Shares Down 5.9% - Should You Sell?

Key Points

• Pop Mart International Group shares fell by 5.9%, with the stock trading as low as $37.05 before closing at $37.25.
• Zacks Research has upgraded the stock to a "hold" rating, contributing to an overall average rating of "Hold" from analysts.
• The company specializes in the design, development, and sale of pop toys, primarily in the Asia-Pacific region and internationally.

Shares of Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report) were down 5.9% during mid-day trading on Monday . The company traded as low as $37.05 and last traded at $37.25. Approximately 18,080 shares traded hands during mid-day trading, a decline of 0% from the average daily volume of 18,125 shares. The stock had previously closed at $39.60.

Analyst Ratings Changes

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

Pop Mart International Group Trading Up 1.2%

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.