Pandora A/S (OTCMKTS:PANDY) Stock Price Crosses Above 200-Day Moving Average – What’s Next?

Pandora A/S (OTCMKTS:PANDY)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $41.22 and traded as high as $49.32. Pandora A/S shares last traded at $49.32, with a volume of 15,093 shares trading hands.

Wall Street Analysts Forecast Growth

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

Pandora A/S Trading Up 4.5 %

The company has a 50-day moving average price of $43.53 and a 200-day moving average price of $41.22.

Pandora A/S (OTCMKTS:PANDY) last issued its earnings results on Wednesday, November 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.01. The company had revenue of $899.03 million during the quarter.

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.