Prada (OTCMKTS:PRDSY) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

by · The Cerbat Gem

Shares of Prada S.p.A. (OTCMKTS:PRDSY – Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $14.07 and traded as low as $14.03. Prada shares last traded at $14.20, with a volume of 5,738 shares traded.

Prada Trading Up 0.6 %

The firm has a 50-day moving average price of $14.07 and a two-hundred day moving average price of $14.74.

About Prada

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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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