Prada (OTCMKTS:PRDSY) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Shares of Prada S.p.A. (OTCMKTS:PRDSYGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $14.87 and traded as low as $12.82. Prada shares last traded at $13.08, with a volume of 4,102 shares changing hands.

Prada Trading Up 2.2%

The business’s 50-day moving average price is $13.05 and its two-hundred day moving average price is $14.87.

Prada Company Profile

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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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