Moncler (OTCMKTS:MONRY) Shares Down 0.2% – Here’s What Happened

Moncler S.p.A. (OTCMKTS:MONRY)’s share price traded down 0.2% during trading on Monday . The stock traded as low as $62.26 and last traded at $62.85. 4,439 shares traded hands during trading, a decline of 69% from the average session volume of 14,150 shares. The stock had previously closed at $63.00.

Wall Street Analyst Weigh In

A number of brokerages have commented on MONRY. HSBC downgraded Moncler from a “buy” rating to a “hold” rating in a research note on Thursday, April 24th. Citigroup restated a “buy” rating on shares of Moncler in a report on Thursday, March 20th.

Moncler Stock Down 0.2 %

The firm’s 50 day moving average is $63.63 and its 200-day moving average is $59.30.

About Moncler

Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names in Italy, rest of Europe, Asia, the Middle East, Africa, and the Americas. It also offers footwear products; leather goods; bags, backpacks, and accessories; and sunglasses and eyeglasses under the Moncler Lunettes brand.