Pandora A/S (OTCMKTS:PANDY) Posts Quarterly Earnings Results

Pandora A/S (OTCMKTS:PANDY) announced its quarterly earnings results on Wednesday. The company reported $0.72 EPS for the quarter, Zacks reports.

Pandora A/S Price Performance

Shares of PANDY stock traded down $1.65 during trading hours on Wednesday, reaching $47.05. 24,037 shares of the company’s stock were exchanged, compared to its average volume of 11,910. The stock’s fifty day moving average price is $47.05 and its two-hundred day moving average price is $47.05. Pandora A/S has a 1 year low of $35.93 and a 1 year high of $56.21.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered shares of Pandora A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. Two analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce”.

About Pandora A/S

Pandora A/S is a Denmark‐based jewelry manufacturer and retailer renowned for its signature charm bracelets, rings, earrings and necklaces. Established in 1982 by Per Enevoldsen and Winnie Enevoldsen, the company has built its reputation on customizable, hand-finished jewelry crafted from metals such as sterling silver, 14k gold and Pandora’s proprietary metal alloys. Through in‐house design and close collaboration with ateliers in Thailand, Pandora blends Scandinavian design principles with detailed craftsmanship to deliver products that appeal to a broad range of style preferences.

The company’s core product lines encompass an extensive selection of charms and bracelet bases, along with coordinating pendants, rings and earrings.