Pandora A/S (OTCMKTS:PANDY) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

Pandora A/S (OTCMKTS:PANDY) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $47.05 and traded as high as $56.21. Pandora A/S shares last traded at $47.05, with a volume of 24,037 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, UBS Group raised shares of Pandora A/S to a “strong sell” rating in a report on Tuesday, July 15th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce”.

Pandora A/S Price Performance

The stock’s 50-day moving average is $47.05 and its two-hundred day moving average is $47.05.

Pandora A/S (OTCMKTS:PANDY) last posted its quarterly earnings data on Friday, August 15th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.20). The company had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.12 billion.

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.