Salvatore Ferragamo (OTCMKTS:SFRGY – Get Free Report) was upgraded by research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.
Salvatore Ferragamo Stock Performance
SFRGY opened at $6.10 on Thursday. The business has a 50 day moving average price of $4.98 and a 200 day moving average price of $4.50. Salvatore Ferragamo has a twelve month low of $2.54 and a twelve month high of $6.24.
Salvatore Ferragamo Company Profile
Salvatore Ferragamo S.p.A. operates as a designer, producer and distributor of high-end luxury footwear, leather goods, apparel and accessories. The company’s product portfolio spans men’s and women’s shoes, handbags, small leather items, silk products, ready-to-wear collections, eyewear, fragrances and watches. Through its vertically integrated business model, Ferragamo controls key aspects of the value chain, from design and manufacturing to wholesale distribution and direct-to-consumer retail.
Founded in 1927 by Italian shoemaker Salvatore Ferragamo, the company is headquartered in Florence, Italy and has grown into a globally recognized luxury brand.
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