Prada (OTCMKTS:PRDSY) Stock Passes Above 50 Day Moving Average – Here’s Why

Prada S.p.A. (OTCMKTS:PRDSYGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $15.83 and traded as high as $16.50. Prada shares last traded at $15.20, with a volume of 2,515 shares traded.

Analyst Ratings Changes

Separately, Bank of America raised Prada from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 19th.

Read Our Latest Analysis on PRDSY

Prada Stock Down 3.1 %

The business has a fifty day moving average of $15.83 and a 200-day moving average of $14.75.

Prada Company Profile

(Get Free Report)

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.

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