Pop Mart International Group (OTCMKTS:PMRTY) Stock Price Up 4.6% - Still a Buy?

Key Points

• Pop Mart International Group's stock price increased by 4.6% to $36.96 during mid-day trading, despite a significant drop in trading volume.
• Zacks Research has upgraded the company's stock rating to a "hold," aligning with the average rating of "hold" from analysts.
• The company operates in the pop toy industry, primarily offering blind boxes and is based in Beijing, China.

Pop Mart International Group Limited - Unsponsored ADR (OTCMKTS:PMRTY - Get Free Report) rose 4.6% during mid-day trading on Friday . The company traded as high as $36.96 and last traded at $36.96. Approximately 606 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 18,719 shares. The stock had previously closed at $35.32.

Analyst Upgrades and Downgrades

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

Pop Mart International Group Trading Down 1.1%

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.