Pop Mart International Group (OTCMKTS:PMRTY) Shares Gap Down - What's Next?

Key Points

• Pop Mart International Group shares significantly fell, opening at $33.00 down from a previous close of $34.10, and last traded at $32.65, indicating a 4.5% decline.
• Research analysts upgraded the stock to a "strong-buy" rating, with the consensus rating also reflecting strong confidence in the stock's potential.
• The company specializes in the design, development, and sale of pop toys, primarily targeting markets in the Greater China region and internationally.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $34.10, but opened at $33.00. Pop Mart International Group shares last traded at $32.65, with a volume of 7,015 shares changing hands.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Zacks Research raised shares of Pop Mart International Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, September 18th. CLSA raised shares of Pop Mart International Group to a "strong-buy" rating in a report on Monday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the stock has a consensus rating of "Strong Buy".

Pop Mart International Group Stock Down 4.5%

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.

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