PRADA S P A/ADR (OTCMKTS:PRDSY) Stock Price Down 5.1%

PRADA S P A/ADR (OTCMKTS:PRDSY) dropped 5.1% during mid-day trading on Tuesday . The company traded as low as $6.96 and last traded at $7.04, approximately 5,433 shares changed hands during mid-day trading. A decline of 83% from the average daily volume of 31,400 shares. The stock had previously closed at $7.42.

PRDSY has been the subject of a number of recent analyst reports. Sanford C. Bernstein upgraded PRADA S P A/ADR from an “underperform” rating to a “market perform” rating in a report on Tuesday, September 10th. Credit Suisse Group lowered shares of PRADA S P A/ADR from an “outperform” rating to a “neutral” rating in a report on Friday, September 20th.

The company has a 50 day moving average of $6.53 and a two-hundred day moving average of $6.14.

About PRADA S P A/ADR (OTCMKTS:PRDSY)

Prada S.p.A., together with its subsidiaries, designs, produces, sells, and distributes leather goods, handbags, footwear, apparel, and accessories in Europe, the Americas, the Asia Pacific, Japan, the Middle East, and Africa. The company offers its products under the Prada, Miu Miu, Church's, Car Shoe, and Pasticceria Marchesi brands.

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