Paradox Interactive AB (publ) (OTCMKTS:PRXXF) Trading 0.8% Higher – Here’s What Happened

Shares of Paradox Interactive AB (publ) (OTCMKTS:PRXXF) traded up 0.8% during trading on Wednesday . The company traded as high as $14.11 and last traded at $14.11. 265 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 370 shares. The stock had previously closed at $14.00.

Wall Street Analysts Forecast Growth

Separately, Pareto Securities raised shares of Paradox Interactive AB (publ) from a “hold” rating to a “buy” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Paradox Interactive AB (publ) has a consensus rating of “Moderate Buy”.

Paradox Interactive AB (publ) Price Performance

The stock has a 50 day simple moving average of $13.99 and a two-hundred day simple moving average of $14.98.

Paradox Interactive AB (publ) Company Profile

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) is a Sweden-based global video game publisher and developer best known for its portfolio of deep strategy and simulation titles across PC, console and mobile platforms. The company’s key franchises include Europa Universalis, Crusader Kings, Hearts of Iron and Cities: Skylines, which leverage extensive downloadable content, mod support and community-driven expansions. Paradox also operates its own digital storefront and subscription service, enabling direct delivery of game updates, expansions and exclusive in-game content to its audience.

Originally established as part of Target Games in the late 1990s and spun off as an independent publisher in 2004, Paradox Interactive has since pursued both organic development and strategic studio acquisitions to broaden its offering.