Pandora A/S (OTCMKTS: PANDY – Get a rating) recorded a significant drop in short-term interest rates during the month of March. As of March 31, there was short interest totaling 5,400 shares, down 80.6% from the March 15 total of 27,800 shares. Based on an average daily volume of 37,300 shares, the day-to-cover ratio is currently 0.1 day.
Shares of PANDY stock traded down $0.66 on Wednesday, hitting $23.11. 21,890 shares of the company were traded, against an average volume of 20,241. The company has a 50-day moving average of $24.59 and a 200-day moving average of $29.35. Pandora A/S has a one-year low of $20.41 and a one-year high of $36.14.
Pandora A/S (OTCMKTS: PANDY – Get a rating) last released its results on Wednesday, February 9. The company reported earnings per share of $0.73 for the quarter. The company had revenue of $1.39 billion in the quarter.
The company also recently announced a dividend, which was paid on Tuesday, March 22. Investors of record on Monday, March 14 received a dividend of $0.4032. The ex-dividend date was Friday, March 11. This represents a dividend yield of 3.57%.
Several brokerages have recently weighed in on PANDY. Royal Bank of Canada cut its price target on Pandora A/S shares from 950.00 to 915.00 and set an “industry performance” rating on the stock in a Friday 25 research note. february. Morgan Stanley cut its price target on shares of Pandora A/S from 820.00 to 780.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Kepler Capital Markets downgraded Pandora A/S shares from a “hold” rating to a “buy” rating and raised its price target for the stock from 950.00 to 1,050.00 in a rating of research from Thursday, February 10. Finally, JPMorgan Chase & Co. cut its price target on shares of Pandora A/S from 940.00 to 810.00 and set a “neutral” rating on the stock in a research note on Monday. Three research analysts gave the stock a hold rating and three gave the company a buy rating. According to data from MarketBeat.com, Pandora A/S currently has an average rating of “Buy” and an average price target of $888.75.
Pandora A/S Company Profile (Get a rating)
Pandora A/S designs, manufactures and markets hand-finished, contemporary jewelry worldwide. The Company’s jewelry materials include silver and gold; gold and rose gold plated; synthetic stones, natural stones, synthetic stones, pearls and diamonds; as well as enamel, glass, leather and textile products.
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