Shares of Prada S.p.A. (OTCMKTS:PRDSY – Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $9.54 and traded as high as $9.55. Prada shares last traded at $9.3150, with a volume of 23,157 shares trading hands.
Prada Trading Up 4.4%
The firm’s 50-day moving average price is $9.53 and its 200 day moving average price is $10.22.
About Prada
Prada S.p.A. is an Italian luxury fashion house renowned for its high-end leather goods, ready-to-wear collections and accessories. Founded in 1913 by Mario Prada in Milan, the company has built a reputation for craftsmanship and understated elegance. Its product portfolio spans handbags, small leather goods, footwear, eyewear and fragrances, all designed to reflect a blend of traditional techniques and contemporary sensibilities.
The company distributes its products through a network of directly operated boutiques, franchise stores and e-commerce platforms.
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