CD Projekt (OTCMKTS:OTGLY) Shares Up 0.6% – Should You Buy?

CD Projekt S.A. (OTCMKTS:OTGLYGet Free Report)’s stock price shot up 0.6% during mid-day trading on Monday . The company traded as high as $17.80 and last traded at $17.58. 43,820 shares changed hands during mid-day trading, an increase of 289% from the average session volume of 11,256 shares. The stock had previously closed at $17.47.

Analysts Set New Price Targets

OTGLY has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of CD Projekt in a report on Friday. Barclays reissued an “underweight” rating on shares of CD Projekt in a research note on Friday, August 29th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, CD Projekt currently has a consensus rating of “Reduce”.

Check Out Our Latest Stock Report on OTGLY

CD Projekt Trading Up 0.6%

The business has a 50-day moving average price of $17.27 and a two-hundred day moving average price of $17.35.

About CD Projekt

(Get Free Report)

CD Projekt SA, together its subsidiaries, engages in the development, publishing, and digital distribution of video games for personal computers and video game consoles in Poland. The company operates through two segments, CD PROJEKT RED and GOG.com. Its product portfolio comprises The Witcher; The Witcher 2: Assassins of Kings; The Witcher 3: Wild Hunt; Thronebreaker: The Witcher Tales; Gwent: The Witcher Card game; and Cyberpunk 2077.

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