Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY – Get Free Report) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 19,299 shares, an increase of 136.6% from the February 26th total of 8,157 shares. Based on an average trading volume of 67,834 shares, the days-to-cover ratio is presently 0.3 days.
Moncler Price Performance
Shares of Moncler stock opened at $57.50 on Friday. Moncler has a fifty-two week low of $53.24 and a fifty-two week high of $70.16. The business’s fifty day moving average is $61.34 and its two-hundred day moving average is $62.33.
Analysts Set New Price Targets
A number of analysts recently commented on MONRY shares. JPMorgan Chase & Co. raised Moncler from a “neutral” rating to an “overweight” rating in a research note on Friday, November 28th. Kepler Capital Markets upgraded shares of Moncler from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Finally, Barclays reaffirmed an “overweight” rating on shares of Moncler in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Moncler has a consensus rating of “Buy”.
About Moncler
Moncler S.p.A. is an Italian luxury fashion house best known for its high-end down jackets and skiwear. Established in 1952 in Monestier-de-Clermont, near Grenoble, France, the company has built a strong reputation for combining technical performance with refined aesthetics. Its core product lineup includes insulated jackets, vests, coats, knitwear, footwear and accessories, all designed to withstand extreme weather while meeting the standards of high fashion.
Originally founded by René Ramillon and André Vincent as a maker of quilted sleeping bags and tents, Moncler gradually shifted focus to outerwear for mountain sports.
Featured Articles
Receive News & Ratings for Moncler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moncler and related companies with MarketBeat.com's FREE daily email newsletter.
