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

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

Pandora A/S Stock Performance

Shares of PANDY traded down $1.65 on Wednesday, reaching $47.05. The company’s stock had a trading volume of 24,037 shares, compared to its average volume of 11,910. The stock’s 50 day simple moving average is $47.05 and its two-hundred day simple moving average is $47.05. Pandora A/S has a 12-month low of $35.93 and a 12-month high of $56.21.

Wall Street Analysts Forecast Growth

Separately, Citigroup lowered Pandora A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. Two equities research 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, Pandora A/S currently has an average rating of “Reduce”.

Pandora A/S Company Profile

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.