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Pop Mart International Group (OTCMKTS:PMRTY) Trading Down 7% - Time to Sell?

Pop Mart International Group logo with Consumer Cyclical background

Key Points

  • Pop Mart International Group's stock price fell by 7%, closing at $33.25 after trading as low as $33.02, reflecting a significant drop in trading volume.
  • Zacks Research upgraded the stock to a "hold" rating, contributing to a consensus rating of "Hold" among analysts.
  • The company specializes in the design and sale of pop toys and operates internationally, with a strong presence in China and nearby regions.
  • Five stocks to consider instead of Pop Mart International Group.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report) shares were down 7% during trading on Monday . The stock traded as low as $33.02 and last traded at $33.25. Approximately 4,437 shares traded hands during trading, a decline of 76% from the average daily volume of 18,478 shares. The stock had previously closed at $35.75.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised 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, the company presently has a consensus rating of "Hold".

Read Our Latest Research Report on Pop Mart International Group

Pop Mart International Group Price Performance

About Pop Mart International Group

(Get Free Report)

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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