Prada S.p.A. (OTCMKTS:PRDSY – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $9.98 and traded as low as $9.8201. Prada shares last traded at $9.9001, with a volume of 70,474 shares trading hands.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group assumed coverage on Prada in a report on Sunday, October 4th. They set a “buy” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy”.
View Our Latest Research Report on PRDSY
Prada Stock Down 0.8%
The firm has a fifty day moving average price of $9.81 and a two-hundred day moving average price of $9.98.
Prada Company Profile
Prada S.p.A. is an Italian luxury goods company headquartered in Milan, Italy. Founded in 1913 by Mario Prada, the business began as a leather goods retailer and developed into an international luxury group known for its design-driven products and distinctive brand identity. Prada is listed on the Hong Kong Stock Exchange, while its American depositary receipts trade over the counter in the United States under the symbol PRDSY.
The company designs, manufactures and sells luxury apparel, handbags and other leather goods, footwear, accessories and fragrances.
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