CD Projekt (OTCMKTS:OTGLY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of CD Projekt (OTCMKTS:OTGLY) to a hold rating in a report issued on Monday,Zacks.com reports.

CD Projekt Price Performance

CD Projekt stock opened at $15.48 on Monday. The firm has a fifty day simple moving average of $17.58 and a two-hundred day simple moving average of $17.29. CD Projekt has a twelve month low of $14.91 and a twelve month high of $20.50.

CD Projekt Company Profile

CD Projekt SA is a Poland-based video game developer, publisher and digital distribution company best known for its critically acclaimed Role-Playing Games (RPGs). Through its development arm CD Projekt Red, the company designs, develops and publishes blockbuster game franchises, including The Witcher series and Cyberpunk 2077. In addition to its core game development activities, CD Projekt operates GOG.com, a digital storefront offering a catalogue of DRM-free PC games, and provides related online services such as multiplayer support, game updates and community forums.

Founded in Warsaw in 1994 by Marcin Iwiński and Michał Kiciński, CD Projekt initially built its reputation by translating and distributing popular Western titles in Central Europe.