Paradox Interactive AB (publ) (OTCMKTS:PRXXF) Shares Down 3.1% – Here’s Why

Paradox Interactive AB (publ) (OTCMKTS:PRXXF)’s stock price was down 3.1% on Tuesday . The stock 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 daily volume of 387 shares. The stock had previously closed at $14.04.

Wall Street Analysts Forecast Growth

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

Paradox Interactive AB (publ) Stock Performance

The company has a fifty day moving average price of $13.88 and a 200-day moving average price of $14.30.

Paradox Interactive AB (publ) Company Profile

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.