Prada S.p.A. (OTCMKTS:PRDSY – Get Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 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 changing 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.
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Prada Stock Down 1.4 %
About Prada
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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