CD Projekt (OTCMKTS:OTGLY) Shares Gap Up – What’s Next?

CD Projekt S.A. (OTCMKTS:OTGLY – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $16.0475, but opened at $16.97. CD Projekt shares last traded at $16.21, with a volume of 1,288 shares traded.

Analyst Ratings Changes

OTGLY has been the subject of several research analyst reports. Barclays reissued an “underweight” rating on shares of CD Projekt in a report on Friday, August 28th. Oddo Bhf raised CD Projekt to a “neutral” rating in a research note on Thursday, June 4th. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce”.

Read Our Latest Analysis on CD Projekt

CD Projekt Stock Performance

The business has a 50 day moving average of $16.26 and a 200-day moving average of $16.46.

CD Projekt Company Profile

(Get Free Report)

CD Projekt SA is a Poland-based video game company best known for developing story-driven role-playing games through its CD Projekt RED studio. Its principal franchises include The Witcher and Cyberpunk, with titles such as The Witcher 3: Wild Hunt and Cyberpunk 2077. The company also develops and publishes related downloadable content, expansions and other digital entertainment products.

CD Projekt also operates GOG.com, a digital distribution platform that sells PC and selected console games.

Further Reading

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