Prada (OTCMKTS:PRDSY) Trading Up 1.6% – Should You Buy?

Prada S.p.A. (OTCMKTS:PRDSYGet Free Report)’s stock price shot up 1.6% during trading on Tuesday . The stock traded as high as $16.16 and last traded at $16.16. 1,464 shares were traded during trading, a decline of 74% from the average session volume of 5,586 shares. The stock had previously closed at $15.91.

Analysts Set New Price Targets

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

Read Our Latest Stock Analysis on PRDSY

Prada Stock Performance

The business’s 50-day moving average price is $14.45 and its 200 day moving average price is $14.51.

About Prada

(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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