Prada S.p.A. (OTCMKTS:PRDSY – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.97 and traded as low as $11.41. Prada shares last traded at $11.4301, with a volume of 8,132 shares.
Analyst Upgrades and Downgrades
Separately, UBS Group cut shares of Prada from a “buy” rating to a “neutral” rating in a research note on Friday, November 28th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.
Read Our Latest Stock Report on PRDSY
Prada Stock Down 0.5%
Prada Company Profile
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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