Pandora A/S (OTCMKTS:PANDY) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Pandora A/S (OTCMKTS:PANDY) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $40.89 and traded as high as $44.16. Pandora A/S shares last traded at $43.70, with a volume of 7,030 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup upgraded Pandora A/S to a “strong-buy” rating in a report on Wednesday, October 2nd.

Pandora A/S Trading Down 2.8 %

The business’s fifty day simple moving average is $43.09 and its 200 day simple moving average is $40.98.

Pandora A/S Company Profile

Pandora A/S engages in the design, manufacture, and marketing of hand-finished and contemporary jewelry. The company operates in two segments, Core and Fuel With More. It offers charms, bracelets, rings, earrings, necklaces, and pendants. The company sells its products through physical stores, online stores, and wholesale and third-party distribution in Denmark, the United States, China, the United Kingdom, Italy, Australia, France, Germany, Spain, Mexico, and internationally.