Prada (OTCMKTS:PRDSY) Shares Cross Above 50 Day Moving Average – Time to Sell?

Prada S.p.A. (OTCMKTS:PRDSYGet Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $15.24 and traded as high as $15.68. Prada shares last traded at $15.68, with a volume of 3,316 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Bank of America upgraded shares of Prada from a “neutral” rating to a “buy” rating in a report on Tuesday, November 19th.

View Our Latest Stock Report on PRDSY

Prada Stock Down 1.4 %

The stock has a 50 day moving average price of $15.24 and a two-hundred day moving average price of $14.54.

Prada Company Profile

(Get Free Report)

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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