Paradox Interactive AB (publ) (OTCMKTS:PRXXF) Stock Price Down 3.1% – Should You Sell?

Shares of Paradox Interactive AB (publ) (OTCMKTS:PRXXF – Get Free Report) were down 3.1% during mid-day trading on Tuesday . The company traded as low as $13.60 and last traded at $13.60. Approximately 100 shares changed hands during trading, a decline of 74% from the average session volume of 387 shares. The stock had previously closed at $14.04.

Analysts Set New Price Targets

Separately, Pareto Securities upgraded Paradox Interactive AB (publ) from a “hold” rating to a “buy” rating in a research note on Monday, May 4th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy”.

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Paradox Interactive AB (publ) Trading Down 3.1%

The stock’s 50-day moving average price is $13.88 and its 200 day moving average price is $14.30.

Paradox Interactive AB (publ) Company Profile

(Get Free Report)

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.

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