Paradox Interactive AB (publ) (OTCMKTS:PRXXF) Trading Down 5.1% – What’s Next?

Shares of Paradox Interactive AB (publ) (OTCMKTS:PRXXF) traded down 5.1% during trading on Monday . The stock traded as low as $16.53 and last traded at $16.53. 450 shares changed hands during trading, an increase of 59% from the average session volume of 283 shares. The stock had previously closed at $17.42.

Analyst Ratings Changes

Separately, Pareto Securities cut Paradox Interactive AB (publ) from a “buy” rating to a “hold” rating in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Paradox Interactive AB (publ) Price Performance

The stock has a 50-day simple moving average of $17.69 and a 200 day simple moving average of $18.19.

About Paradox Interactive AB (publ)

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.