Prada (OTCMKTS:PRDSF) Stock Crosses Below 200 Day Moving Average – What’s Next?

by · The Markets Daily

Shares of Prada S.p.A. (OTCMKTS:PRDSF – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.92 and traded as low as $5.22. Prada shares last traded at $5.22, with a volume of 3,880 shares.

Prada Stock Down 10.9%

The firm has a fifty day simple moving average of $6.20 and a 200-day simple moving average of $6.92.

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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